Tag: REIT
GLPI plans business as usual in wake of Bally’s transaction
Gaming and Leisure Properties was prepared for another run-of-the-mill investor’s call Friday when its world exploded Thursday with the... more
VICI lends more than $1 billion to Las Vegas Strip operators. Is more coming?
VICI Properties is finding new ways to invest in Las Vegas without adding more land to the 660 acres the real estate investment trust... more
Vici covets smaller Las Vegas casinos
Executives of Vici Properties, the real estate investment trust (REIT) that owns most of the major casinos on the Las Vegas Strip,... more
$1.5 billion makeover of Venetian detailed
After a quarter of a century, the suites at the Venetian Resort will be redone. The massive remodel is just part of a $1.5 billion... more
Gaming and Leisure Properties names Debra Martin Chase to board of directors
Gaming and Leisure Properties Wednesday announced the appointment of Debra Martin Chase to its board of directors as an independent... more
VICI Properties marks a year of expansion, growth potential
Real estate investment trust VICI Properties finished 2023 strong, with 20%-plus year-to-year increases in funds from operation and... more
Off-Strip hotel near Las Vegas Convention Center sells for $75M
The SpringHill Suites by Marriott Las Vegas Convention Center, located just off the Strip, has sold for $75 million, according to Clark... more
Wall Street Bets: Analysts’ takes on Caesars, REITs, Aristocrat, Gambling.com
Caesars CBRE analyst John DeCree, in a Jan. 16 note, wrote “We are maintaining our Buy rating on the shares of Caesars, but lowering our... more
Gaming and Leisure Properties cites improving environment for M&A among gaming REITs
Executives with GLPI, citing an improving environment for mergers and acquisitions, are optimistic that deal activity could be more... more
Century Casinos completes Alberta sale-leaseback deal with VICI Properties
Century Casinos announced on Wednesday that it has completed the sale-leaseback of its four Alberta casino properties to subsidiaries of... more