Portfolio enhancement and diversification at VICI Properties continue as the real estate investment trust (REIT) announced it would acquire MGM Growth Properties. Payment Consideration VICI Properties, MGM Growth Properties (MGP), and MGP’s controlling shareholder, MGM Resorts International, signed a definitive agreement for the acquisition of MGP by VICI for total consideration of $17.2 billion, inclusive […]
US casino giant Caesars Entertainment announced Thursday in an investor release it entered into a definitive agreement with the Eastern Band of Cherokee Indians (EBCI) for the sale of operations at Caesars Southern Indiana for $250 million. “The purchase of Caesars Southern Indiana operating company marks the beginning of an exciting new future for the […]
Previously known as Twin River Worldwide Holdings, Bally’s Corp announced on November 18 it closed a $25 million deal with Caesars Entertainment and VICI Properties to acquire Bally’s Atlantic City. New Upgrades For Bally’s Atlantic City Bally’s Corp completed Wednesday the acquisition of Bally’s Atlantic City for $25 million after New Jersey gaming regulators approved […]
VICI Properties, the real estate investment trust spun off Caesars, decided not to pursue for now a previously announced deal for the purchase of 23 acres of undeveloped land parcels on the east side of the Las Vegas Strip. The $103.5 million deal was agreed as part of a $500 million combined deal with Eldorado […]
Property divesting related to the ongoing merger between Eldorado Resorts and Caesars Entertainment continues, as the Reno-based operator announced Friday it entered into a definitive agreement with Twin River Holdings. New Acquisition in Nevada and Louisiana Eldorado agreed to sell the Eldorado Shreveport Resort and Casino in Shreveport, Louisiana, and the MontBleu Resort Casino & […]
Jack Entertainment has sold two Cleveland casinos to VICI Properties and paid almost $65 million to have them leased back from the company. VICI Leases Newly-Acquired Properties Back to Previous Owner On Friday, VICI Properties said that it had completed the acquisition of two casino properties in Ohio, spending $843.3 million to claim ownership of […]
