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Business
January 31, 2025
Analyst Suggests VICI May Target Caesars Forum Acquisition
The owner and acquirer of real estate assets across leading gaming, hospitality, entertainment and leisure destinations, VICI Properties, may consider acquiring Caesars Forum on the Las Vegas Strip, an analyst suggests. VICI Aims at Annual Yield of 8-10% on Its Properties, Boosted by Potential Deals That’s the take of Carlo Santarelli, a Deutsche Bank analyst, […]
Business
December 12, 2024
VICI Properties Teams Up with IGP to Grow Canadian Gaming Portfolio
VICI Properties Inc., a key player in experience-based real estate, has struck a deal to change its master lease agreement with PURE Canadian Gaming Corp. This move allows Indigenous Gaming Partners Inc. (IGP) to buy PURE’s operating assets. The deal represents a big move in VICI‘s growth beyond its borders and highlights its aim to […]
Sports
October 25, 2024
Century Casinos Announces Casino Opening in Caruthersville, Missouri
Century Casinos plans to open its new land-based casino and hotel in Caruthersville, Missouri, on November 1, 2024. Century Casino & Hotel Caruthersville to Replace Riverboat Casino This move comes after the Missouri Gaming Commission (MGC) gave its approval. The MGC’s go-ahead allows the company to move ahead with launching its upgraded casino. This new […]
Casino
May 2, 2024
VICI Properties Commits $700M to Transform The Venetian Resort Las Vegas
VICI Properties Inc., a prominent real estate investment trust (REIT), has unveiled plans to inject up to $700 million into The Venetian Resort Las Vegas for extensive refurbishment projects, marking a significant step in enhancing the renowned integrated resort’s offerings and guest experience. VICI Properties Teams Up with The Venetian for Major Upgrades This capital […]
Casino
October 30, 2023
VICI’s Bet on Non-Gambling Pays Off, Acquisitions Continue
The property company has continued to build up its portfolio of options, introducing a $433 million sale-leaseback arrangement with Mechanicsville, Virginia’s Bowlero Corp, and 38 of the bowling centers operated by the latter. The company has been building its revenue steadily, with the company raking in serious results in the third quarter and reporting $556.3 […]
Business
September 7, 2023
Century Casinos Sells Real Estate Assets in Alberta
High-profile NA gambling company Century Casinos has completed the sale of its Edmonton and Calgary real estate assets to Vici Properties subsidiaries in a CAD 221.7 million ($162.31 million) agreement. The deal has allowed Century Casinos to secure significant proceeds and adjust its lease agreement with VICI. Streamlining Efforts Should Pay Long-Term Dividends Century Casinos […]
Casino
May 17, 2023
Century Casinos Inks Sale Leaseback Deal for Canadian Portfolio
Century Casinos, a major NA gambling company, has penned a definitive sale-leaseback deal with VICI Properties. The deal will see the former company sell the assets of four of its properties in Alberta, Canada. The properties in question are Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in […]
Business
February 24, 2023
VICI Properties Announces Record End-of-Year Results
VICI’s savvy choice of investments continues to pay off as its shares keep rising and net income soars. The REIT maintained its momentum during the last quarter, demonstrating substantial boosts across the most relevant metrics. Such impressive financial results provide a stable foundation for the investment trust to provide its shareholders with sustainable growth and […]
Casino
January 9, 2023
VICI Properties Acquired Four PURE Casinos to Enter Canada
A leaseback transaction between VICI Properties and Pure Canadian Gaming Group saw the real estate investment trust (REIT) acquire four gaming properties in Canada. Sale-Leaseback Model VICI Properties announced it has acquired the real estate assets of four PURE Casinos in Alberta – PURE Casino Edmonton in Edmonton, PURE Casino Yellowhead in Edmonton, PURE Casino […]
Business
December 23, 2022
VICI and Foundation Gaming Ink Sale-Leasebacks for Two Mississippi Casinos
VICI Properties, an owner and acquirer of experiential real estate assets across leading gaming, hospitality, entertainment and leisure destinations, has purchased the Fitz Casino & Hotel and the WaterView Casino & Hotel properties from Foundation Gaming & Entertainment. VICI Acquires Two Casinos in a Sale-Leaseback Deal The sale-leaseback deal saw the real estate specialist pay […]
