VICI Properties

Golden Entertainment has secured shareholder approval to privatize the company, signaling a major shift in its corporate structure. The deal, orchestrated by CEO Blake Sartini and affiliates, entails the acquisition of operating assets and a simultaneous sale-leaseback of seven casino properties to VICI Properties Inc. 

VICI Properties Inc. has announced a strategic acquisition of gaming and hospitality assets in Alberta, Canada, valued at approximately Rs. 1,200 crore (USD 144.4 million). The transaction includes key properties such as Deerfoot Inn & Casino and Great Northern Casino, strengthening VICI’s experiential real estate portfolio. Structured under an existing long-term lease with PURE, the deal is expected to generate stable rental income with built-in escalation clauses.