VICI Properties closes $1.16 billion deal for seven Golden Entertainment casino properties
PUBT · 6d ago
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- VICI Properties closed USD 1.16 billion acquisition of land, real property, and improvements at seven casino properties from Golden Entertainment.
- Transaction includes triple-net master lease with newly formed entity controlled by Blake Sartini, which acquired Golden Entertainment operating business.
- Golden Entertainment shareholders received about 24,300,000 newly issued VICI shares, based on exchange ratio of 0.902 per Golden Entertainment share.
- VICI assumed USD 426 million of Golden Entertainment debt, then retired it using cash on hand and forward sale settlement proceeds.
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: 20260430395188) on April 30, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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