VICI Properties to buy Alberta casino real estate portfolio for USD 140 million

Reuters03-30

VICI Properties to buy Alberta casino real estate portfolio for USD 140 million

VICI Properties agreed to acquire Alberta gaming real estate in a sale-leaseback tied to Pure Casino Entertainment’s take-private acquisition of Gamehost.
Transaction values portfolio at CAD 200 million, or USD 140 million.
Portfolio will be folded into existing triple-net master lease with Pure, lifting annual rent by CAD 16 million.
Master lease term will reset to a 25-year initial term at closing, with four 5-year renewal options.
Closing targeted for mid-2026, subject to regulatory approvals; funding planned via cash on hand and revolving credit facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VICI Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603300800BIZWIRE_USPR_____20260329_BW311499) on March 30, 2026, and is solely responsible for the information contained therein.

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