Gaming & Leisure Said to Raise Bid for Pinnacle’s Casinos
Gaming & Leisure Said to Raise Bid for Pinnacle’s Casinos
Gaming & Leisure Said to Raise Bid for Pinnacle’s Casinos
Shareholder Adviser Hits Wynn Resorts
Union Asks Missouri to Block REIT’s Bid for Pinnacle Casinos
Long-term, negative side of REITs argued
There needs to be more women on boards of public companies. In the case of Wynn Resorts, if Elaine Wynn does not get elected to the board, it will mean a board composed entirely of white men. This is not… Continue Reading
Macau leader Fernando Chui vows to strengthen casino regulation in policy address Macau Cuts Gaming Forecast as Chui Seeks to Move Beyond Casinos The Chinese government: Macau is being ‘adjusted’
While public companies should welcome any input from shareholders, since it’s the shareholders who own the company, boards should be cognizant of balancing the interests of all shareholders in proportion to their ownership. In the case of the proposal made by… Continue Reading
IRS May Drop Jackpot Reporting Thresholds
The dominoes are falling as MGM is now being pushed publicly by real estate fund manager Land and Buildings to spin off its real estate assets into a real estate investment trust. An MGM REIT would have a dramatic impact on… Continue Reading
Gaming and Leisure Properties made an unsolicited offer to purchase Pinnacle Gaming’s real estate assets. Pinnacle shareholders would receive $36 per share, which is a large premium to the previous day’s closing price. I think this is a smart move… Continue Reading