Global Gaming Directory Website Updated

Global Gaming Directory

Global Gaming Directory collaborating with Casino News Media and Media Man Group

Global Gaming Directory collaborating with Casino News Media and Media Man Group

Global Gaming Blog: Casino gambling is colorful and dramatic and theatrical. - Steve Wynn

Global Gaming Blog

Casino gambling is colorful and dramatic and theatrical. - Steve Wynn

Global Gaming Blog News: Wynn Resorts completes sale and leaseback of Encore Boston Harbor

Wynn Resorts completes sale and leaseback of Encore Boston Harbor

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Massachusetts (Boston Harbor) - Wynn Resorts December 1 completed a deal for the sale of Encore Boston Harbor’s land and real estate assets to Realty Income Corporation. The $1.7 billion cash sale represents a 5.9% cash cap rate with all necessary regulatory approvals finalized. Net proceeds of the sale result in Wynn’s global liquidity position of $4.4 billion. Wynn Resorts will continue to operate Encore Boston Harbor through a triple net lease arrangement with Realty Income. The lease has an initial annual rent of $100 million for a term of 30 years, with one 30-year renewal option.

Global Gaming Blog: Casino def

A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sports.