VICI Properties buys Ohio casino

VICI Properties will add the JACK Cincinnati Casino to its portfolio. The REIT and a subsidiary of Hard Rock International have signed commitments to acquire the downtown Cincinnati gaming property from Jack Entertainment. The transaction will be a total of $745 million in cash. VICI will take ownership of JACK Cincinnati’s land and real estate […]

Margatitaville Resort Casino sold worth $376m

VICI Properties announced is has completed the previously disclosed transaction to acquire the land real estate assets of the Margaritaville Resort Casino for approximately $261 million in cash with Penn National Gaming, Inc. acquiring the operating assets of the Margaritaville Resort Casino for approximately $115 million in cash. Total purchase transaction is approximate $376 million. […]