on future Cordish casino developments, as well as potential financing partnerships between the entities on other real estate and operating businesses in Cordish’s portfolio. The transaction includes a binding partnership between Gaming and Leisure Properties Inc. The Maryland transaction is anticipated to close by the end of the month. The transactions for the Philadelphia and Pittsburgh properties are expected to close in early 2022, PBJ.com reports. casino gaming, hotel rooms, restaurants, bars and live entertainment await. Rocky Gap Casino, Resort & Golf is located in Rocky Gap State Park near Cumberland in the heart of Allegany County. Cordish will immediately lease back all the properties and continue to own and oversee all gaming operations at the facilities. Join & Play 10 BetMGM Maryland Bonus Code Baccarat. is purchasing the real estate assets associated with Live! Casino & Hotel Maryland, Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh, including applicable long-term leases. Wyomissing-based Gaming and Leisure Properties Inc. for $1.81 billion, including the newly built casino and hotel in South Philadelphia, reports the Philadelphia Business Journal. (GLPI) By: Liz Kiesche, SA News Editor pichetw. 29, 2021 4:41 PM ET Gaming and Leisure Properties, Inc. is acquiring three Live! Casino properties from Baltimore-based The Cordish Cos. Gaming and Leisure Properties completes Maryland casino and hotel deal for 1.14B Dec.
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