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Caesars Entertainment closes sale for Rio at $516.3M

Discussion in 'Casino Industry & Development' started by Pea, Dec 6, 2019.

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  1. Pea

    Pea Low-Roller

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    https://www.fox5vegas.com/news/local/caesars-entertainment-closes-sale-for-rio-at-m/article_043d3996-17af-11ea-af62-c362f561760f.html?fbclid=IwAR2aofuPuqf03ibeJWT8FDStmKQOhYiIVGm3qkPClLXuKjZitnzEmFOqEhs

     
    • Wow! Wow! x 1
  2. nostresshere

    nostresshere Mr. Anti Debit Card

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  3. VegasBJ

    VegasBJ VIP Whale

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    that's a good price for the Rio. Was for sale for many years at pricing much lower than the price they just got. Future land value investment here
     
    • Agree Agree x 1
  4. luck.ofthe.draw

    luck.ofthe.draw VIP Whale

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    - so.....will I still get free rooms? :evillaugh:
     
    • Funny Funny x 1
  5. JeJas

    JeJas VIP Whale

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    No. No more.
    They figured out that you are one of the SoCal rich kids who prefer to stay at the Cosmo. lol.
     
    • Funny Funny x 2
  6. VegasGroove

    VegasGroove VIP Whale

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    Yeah, it seems these sales and land developments are gearing up for new sports teams and their facilities.
     
  7. Nevyn

    Nevyn VIP Whale

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    Easier to get a good price when you agree to be a high rent tenant as part of the sale
     
    • Agree Agree x 1
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