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MGM explores leaseback

Discussion in 'Casino Industry & Development' started by Elizakess, Jul 20, 2019.

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  1. Elizakess

    Elizakess Low-Roller

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    Elizakess, Jul 20, 2019
    #1
  2. VegasBJ

    VegasBJ VIP Whale

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    what does this have to do with comps? It's the same thing CET has been doing for years.........................
     
    VegasBJ, Jul 20, 2019
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  3. nostresshere

    nostresshere Mr. Anti Debit Card

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    Lots of companies do things like this to free up cash/equity.

    Has no direct bearing on operation of the casino at all. Or comps.
     
    nostresshere, Jul 20, 2019
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  4. Paul K

    Paul K VIP

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    Another example of how MGM is despirate for liquid cash.
     
    Paul K, Jul 20, 2019
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  5. Scottndindy

    Scottndindy High-Roller

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    If they need cash they could borrow cash without a problem. This is an opportunity for investors and executives to make their stock more valuable. The article ended with saying they could buyback 150 million shares.
     
    Scottndindy, Jul 20, 2019
    #5
  6. Elizakess

    Elizakess Low-Roller

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    Glad to know it won’t affect anything but their pockets thanks
     
    Elizakess, Jul 20, 2019
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