VICI Properties Inc. Enters Into Agreements Relating to Century Mile and Century Downs in Alberta, Canada
· Financial Post
NEW YORK -- VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) announced today that, in connection with Century Casinos, Inc.’s (NASDAQ: CNTY) (“Century Casinos”) agreement to sell the operations of Century Mile Racetrack and Century Downs Racetrack (“Century Mile & Downs”), located in Alberta, Canada, to a subsidiary of Highfield Investment Group, Inc. (“Highfield”), VICI has agreed to enter into a new separate triple-net lease with a subsidiary of Highfield with respect to the real property of Century Mile & Downs (the “Century Mile & Downs Lease”) and also enter into an amendment to the Master Lease between VICI Properties and Century Casinos (the “Century Master Lease”). Read More
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