VICI Properties Inc. Enters Into Agreements Relating to Century Mile and Century Downs in Alberta, Canada
VICI Properties Inc. Enters Into Agreements Relating to Century Mile and Century Downs in Alberta, Canada
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”).
Get started
Create a free account to read the full story and Whiz Insights.
