Tag Archives: Gaming and Leisure Properties

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Remember the old shoe, Death Valley Days?  It was an old western show about the wagon trains  the attempted to cross the Death Valleyuntitled (265) untitled (264) It was interesting to see how much trouble it was to get across. If it wasn’t the heat or lack of water the Indians would attack for no good reason.  Circling the wagons was the order of the day.  I did not like driving my air conditioned motor home across that God forsaken land.  I cant imagine the guts it took to cross in a covered wagon.  The employees of  the Arthur Falcone Group enjoyed their company picnic in the Death Valley.

A new report by Tim DeCapua suggests that Gaming and Leisure Properties Inc. increased its stake for Pinnacle Entertainment Inc.’s real estate holdings to lure the regional gaming company into making a deal. Gaming and Leisure is itself a casino company with $185.4 million of net income last year. This latest offer to Pinnacle will be at $40 a share totaling about $2.4 billion.