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Tag: VICI Properties

Century Casinos Completes Purchase Of Rocky Gap Casino Resort To Enter Maryland Casino Market

Recently, Golden Entertainment Inc., a flagship operator of slot routes, casinos and taverns based in Las Vegas, revealed that it has finalized the formerly...

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Rio Hotel & Casino Owner Raises $850 Million to Remodel Las Vegas Strip Property

Dreamscape Cos., the New York-based real estate investor and owner of the Rio Hotel & Casino in the Las Vegas Strip, has raised $850...

Dreamscape Raises $850m to Fund Rio Casino Revamp and Invest in Similar Properties

The former Las Vegas home of the World Series of Poker, the Rio All-Suite Hotel & Casino, is getting a major makeover. News emerged...

Hard Rock Completes $1bn Mirage Casino Purchase

A historic moment MGM Resorts International has confirmed that the $1bn sale of the Mirage to Hard Rock International is complete. As a result, the...

Hard Rock Reveals Transformation Plans for Mirage Casino in Las Vegas

A major transformation Hard Rock International has revealed its plans to transform the Mirage casino resort on the Las Vegas Strip. The casino company presented...

VICI acquires remaining 49.9% interest in Las Vegas Strip iconic properties from Blackstone

Blackstone Real Estate Income Trust, Inc., or BREIT, and VICI Properties Inc, currently the owner of a 50.1% interest in the joint venture that...

VICI Inks Deal Valued at $5.5bn for MGM Grand Las Vegas and Mandalay Bay

Monster casino deal In what the Wall Street Journal has deemed one of the biggest US casino deals of 2022, private equity giant Blackstone is...

MGM Grand and Mandalay Bay are very attractive deals for Vici Properties investors, says CEO

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailEdward Pitoniak, Vici CEO, joins 'Power Lunch' to discuss why it's important...

Gaming and Leisure Properties Could Be Takeover Target, Says Research Firm

Gaming and Leisure Properties (NASDAQ:GLPI) could be a takeover target as consolidation increases within the real estate sector. That’s the opinion of Wide Moat Research CEO Brad Thomas, who highlights the gaming real estate investment trust (REIT) among several REITs that could be attractive to suitors. Next up on our list of potential takeover targets […]

The post Gaming and Leisure Properties Could Be Takeover Target, Says Research Firm appeared first on Casino.org.

Entering a New Phase: Why Las Vegas’ Casino Giants Are Abandoning the Strip

LVS, MGM, and Caesars have all agreed to sell Las Vegas Strip properties over the past few years, and VSO News has assessed their reasons for doing so.

The post Entering a New Phase: Why Las Vegas’ Casino Giants Are Abandoning the Strip appeared first on VegasSlotsOnline News.

The Venetian, Palazzo Las Vegas Employees to Participate in ‘Value Creation’

Workers at The Venetian and Palazzo sister casino resorts on the Las Vegas Strip are being offered what’s believed to be the first-of-its-kind revenue-sharing arrangement with the property’s new operator. New York-based Apollo Global Management, a private-equity giant with a long history doing business in the US gaming industry, recently completed its $2.25 billion acquisition […]

The post The Venetian, Palazzo Las Vegas Employees to Participate in ‘Value Creation’ appeared first on Casino.org.

Sands Completes Las Vegas Asset Sale, Analyst Questions Junk Credit Rating

On Wednesday, Las Vegas Sands (NYSE:LVS) finalized the $6.25 billion sale of its home city assets — Venetian, Palazzo and Venetian Expo — positioning the company to invest heavily in Asia. Private equity titan Apollo Global Management (NYSE:APO) paid $2.25 billion for the operating rights to the venues, while VICI Properties (NYSE:VICI) doled out $4 […]

The post Sands Completes Las Vegas Asset Sale, Analyst Questions Junk Credit Rating appeared first on Casino.org.

End of an Era as Sands Waves Goodbye to Last Strip Presence With Venetian Sale Closure

Las Vegas Sands no longer has a Strip property following the completion of its $6.25bn sale of The Venetian resort complex.

The post End of an Era as Sands Waves Goodbye to Last Strip Presence With Venetian Sale Closure appeared first on VegasSlotsOnline News.

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