Tag: VICI Properties

05/02/23 8:21 PM

Wall Street Bets: Analysts take on MGM momentum, VICI progress, Macau recovery

  • Rege Behe, CDC Gaming
According to Truist Securities analyst Barry Jonas, MGM Resorts International’s May 1 earnings call regarding the operators 2023 1st... more
02/27/23 8:44 PM

Gaming REITs live up to Wall Street forecasts

  • David McKee, CDC Gaming
Deutsche Bank analyst Carlo Santarelli was sufficiently impressed with the fourth-quarter numbers from two casino-oriented real estate... more
02/26/23 12:53 PM

VICI Properties revels in five-year prosperity; cash flow and revenue top Street forecasts

  • Matthew Crowley, CDC Gaming
VICI Properties ended 2022 with a bang, saying it would spend $1.27 billion and assume $3 billion in debt to take full ownership of the MGM... more
02/16/23 10:55 AM

MGM closes sale of Gold Strike to Cherokee Nation Businesses

  • David McKee, CDC Gaming
MGM Resorts International closed yesterday on the sale of the operations of Gold Strike Tunica to tribal CNE Gaming Holdings. The latter, a... more
01/23/23 9:27 PM

VICI CFO: Mirage takeover by Hard Rock benefits entire Las Vegas Strip

  • Buck Wargo, CDC Gaming
The CFO of VICI Properties, the real estate investment trust that owns the Mirage and nine other properties on the Strip, said the... more
01/09/23 7:14 PM

VICI Properties makes first international investment with Pure Casino deal in Alberta

  • Mark Keast, CDC Gaming
VICI Properties Inc. on Monday announced that it has acquired the real estate assets of the Pure Casino properties based in Alberta for an... more
01/09/23 4:26 PM

UPDATE: VICI completes acquisition of remaining interest in MGM Grand and Mandalay Bay from Blackstone

  • Buck Wargo, CDC Gaming
UPDATE: VICI announced Monday that it has completed the previously announced purchase of its joint venture with Blackstone Real Estate that... more
12/23/22 10:51 AM

Mississippi: VICI acquires real estate assets of Fitz, WaterView hotel-casinos

  • Rege Behe, CDC Gaming
VICI Properties this week announced the acquisition of the real estate assets of two Mississippi-based properties, the Fitz Casino &... more
10/30/22 10:46 AM

Aftereffects of Venetian, MGM Growth Properties deals help VICI double third-quarter revenue

  • Matthew Crowley, CDC Gaming
VICI Properties touted deals, including the acquisition of a Maryland casino’s land and the financing for a Texas wellness resort, as it... more
08/25/22 2:26 PM

Maryland: Century Casinos enters agreement to purchase Rocky Gap Casino for $56 million

  • Rege Behe, CDC Gaming
Century Casinos Thursday announced it has entered into a definitive agreement to acquire operations of Rocky Gap Casino Resort in... more