Day: April 26, 2024
GLPI Execs Say Tropicana Met Usefulness, Interested in Bally’s Chicago
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On the real estate company’s first-quarter earnings conference call, Gaming and Leisure Properties (NASDAQ: GLPI) executives signaled the recently Tropicana Las Vegas met its shelf life and the fate of the venue operating as a casino resort wasn’t in the long-term cards. A slide from a Gaming and Leisure Properties presentation. The REIT is open…
Read MoreNevada Regulators Join Las Vegas Money Laundering Probe as Net Widens
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The Nevada Gaming Control Board (NGCB) has joined a sprawling investigation into the possible laundering of proceeds from illegal bookmaking at Las Vegas casinos, the Nevada Current reports. Scott Sibella, above, has pleaded guilty to violating the Bank Secrecy Act in connection to Wayne Nix, the bookie he allowed to gamble at the MGM Grand.…
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