Global Finance News
24 Apr 2026, 12:27
VICI Properties announced that it expects to close its $1.16 billion acquisition of a portfolio of seven casino properties from Golden Entertainment around April 30, 2026, after receiving all required regulatory and shareholder approvals.
Following the transaction, VICI will enter into a long-term triple-net lease agreement with a newly formed operating entity, with an initial annual rent of $87 million and a 30-year term. The deal also includes a mix of stock and cash consideration for Golden Entertainment shareholders, along with the repayment of $426 million in debt.
The acquisition strengthens VICI’s portfolio of gaming and entertainment real estate assets and reinforces its strategy of partnering with leading operators under long-term lease agreements.
Source: Business Wire
Following the transaction, VICI will enter into a long-term triple-net lease agreement with a newly formed operating entity, with an initial annual rent of $87 million and a 30-year term. The deal also includes a mix of stock and cash consideration for Golden Entertainment shareholders, along with the repayment of $426 million in debt.
The acquisition strengthens VICI’s portfolio of gaming and entertainment real estate assets and reinforces its strategy of partnering with leading operators under long-term lease agreements.
Source: Business Wire