Strategic Gaming Management Acquires Sunland Park in $301 Million Deal, Immediately Transfers Property
Strategic Gaming Management has finalized its $301 million acquisition of Sunland Park Racetrack & Casino, according to reports. The company immediately transferred the property to Gaming and Leisure Properties in a sale-leaseback arrangement as part of its strategic expansion in the regional gaming market.
Major Acquisition in Gaming Industry
Strategic Gaming Management has completed a $301 million acquisition of Sunland Park Racetrack & Casino, according to reports from industry sources. The transaction represents the company’s third major acquisition in the past two years as it continues to expand its portfolio in the competitive casino industry.