VICI Properties Inc

NYSE:VICI   3:59:56 PM EDT
30.89
-0.60 (-1.92%)
4:05:39 PM EDT: $30.88 -0.01 (-0.02%)
Mergers / Acquisitions

VICI Properties Inc To Acquire Rocky Gap Casino Resort And Lease To Century Casinos Inc

Published: 08/25/2022 12:57 GMT
VICI Properties Inc (VICI) - Vici Properties Inc. to Acquire Rocky Gap Casino Resort and Lease to Century Casinos, Inc.vici Properties Inc- Acquisition Expected to Be Immediately Accretive at Closing.
Vici Properties Inc- Purchase Price of $260.0 Million in Cash.
Vici Properties Inc- Will Acquire an Interest in Land and Buildings Associated With Rocky Gap for Approximately $203.9 Million.
Vici Properties Inc- Rocky Gap Will Be Added to Existing Triple-net Master Lease Agreement Between Vici Properties and Century.
Vici Properties Inc- Century Master Lease Will Be Extended Such That, Upon Closing of Transaction, Lease Will Have a Full 15-year Initial Base Lease Term.