Vici Properties

VICI Properties Announces Release Date for First Quarter 2021 Results

Thursday, April 8, 2021 - 1:30pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its first quarter 2021 financial results on Thursday, April 29, 2021 after the close of trading on the New York Stock Exchange.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its first quarter 2021 financial results on Thursday, April 29, 2021 after the close of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Friday, April 30, 2021 at 10:00 a.m. Eastern Time (ET).
  • The conference call can be accessed by dialing 833-670-0715 (domestic) or 236-714-2931 (international) and entering the conference ID 6589534.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

Century Casinos Announces Polish Casino Closures for Three Weeks in Response to COVID-19 Pandemic

Friday, March 19, 2021 - 10:00pm

Century Casinos, Inc. is a casino entertainment company.

Key Points: 
  • Century Casinos, Inc. is a casino entertainment company.
  • The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada; and Century Bets!
  • Century Casinos' common stock trades on The Nasdaq Capital Market under the symbol CNTY.
  • These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.

VICI Properties Inc. to Acquire the Venetian Resort’s Real Estate in Las Vegas

Wednesday, March 3, 2021 - 11:34am

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today it has entered into definitive agreements to acquire from Las Vegas Sands Corp. (NYSE: LVS) (LVS) all of the land and real estate assets associated with the Venetian Resort Las Vegas and the Sands Expo and Convention Center, located in Las Vegas, Nevada (collectively, the Venetian Resort), for $4.0 billion in cash, representing a 6.25% cap rate.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today it has entered into definitive agreements to acquire from Las Vegas Sands Corp. (NYSE: LVS) (LVS) all of the land and real estate assets associated with the Venetian Resort Las Vegas and the Sands Expo and Convention Center, located in Las Vegas, Nevada (collectively, the Venetian Resort), for $4.0 billion in cash, representing a 6.25% cap rate.
  • Morgan Stanley & Co LLC acted as lead strategic and financial advisor to VICI Properties and Deutsche Bank Securities acted as a financial advisor to VICI Properties on the transaction.
  • VICI Properties Inc. is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

Century Casinos Announces Polish Casino Closures for Three Weeks in Response to COVID-19 Pandemic

Monday, December 28, 2020 - 2:00pm

The Poland operating segment contributed 4% of the Company's Adjusted EBITDA for the three months ended September 30, 2020.

Key Points: 
  • The Poland operating segment contributed 4% of the Company's Adjusted EBITDA for the three months ended September 30, 2020.
  • Century Casinos, Inc. is a casino entertainment company.
  • The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada; and Century Bets!
  • These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.

VICI Properties Inc. Enters Definitive Agreement with Eastern Band of Cherokee Indians related to Caesars Southern Indiana

Thursday, December 24, 2020 - 1:30pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that, in connection with the Eastern Band of Cherokee Indians (EBCI) agreement to acquire the operations of Caesars Southern Indiana from Caesars Entertainment, Inc. (NYSE: CZR) (Caesars), the Company has agreed to enter into a triple-net lease agreement with EBCI with respect to the real property associated with Caesars Southern Indiana.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that, in connection with the Eastern Band of Cherokee Indians (EBCI) agreement to acquire the operations of Caesars Southern Indiana from Caesars Entertainment, Inc. (NYSE: CZR) (Caesars), the Company has agreed to enter into a triple-net lease agreement with EBCI with respect to the real property associated with Caesars Southern Indiana.
  • Annual base rent payments under the Companys Regional Master Lease with Caesars will be reduced by $32.5 million upon completion of EBCIs acquisition of the operations of Caesars Southern Indiana and the execution of the lease between EBCI and VICI.
  • Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos, Hard Rock International, JACK Entertainment and Penn National Gaming.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. CEO Edward Pitoniak Appears on Fox Business Network’s “The Claman Countdown”

Wednesday, December 16, 2020 - 9:15pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties) announced today that its CEO, Edward Pitoniak, appeared as a featured guest on Fox Business Networks The Claman Countdown on Tuesday, December 15, 2020.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties) announced today that its CEO, Edward Pitoniak, appeared as a featured guest on Fox Business Networks The Claman Countdown on Tuesday, December 15, 2020.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Declares Regular Quarterly Dividend

Thursday, December 10, 2020 - 9:15pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.33 per share of common stock for the period from October 1, 2020 to December 31, 2020.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.33 per share of common stock for the period from October 1, 2020 to December 31, 2020.
  • VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Receives Top Ranking in Corporate Governance Survey

Thursday, December 10, 2020 - 1:00pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced that its Board of Directors received the top ranking for a U.S. company in a study by Casino Journal / AETHOS Consulting Group with 44 out of a possible 46 points.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced that its Board of Directors received the top ranking for a U.S. company in a study by Casino Journal / AETHOS Consulting Group with 44 out of a possible 46 points.
  • We continue to be proud of the recognition that our Board of Directors has received regarding our outstanding corporate governance, and are very honored to be recognized as the top-ranked U.S. company in the Casino Journal/AETHOS Consulting Group gaming governance study, said James Abrahamson, Chair of the Board of Directors of VICI Properties.
  • We believe our strong commitment to corporate governance significantly benefits shareholders as we strive to create long-term, sustainable shareholder value.
  • The results of the survey, as measured in scoring points per category, were as follows:

Century Casinos Announces Canadian Casino and Racetrack Closures in Response to COVID-19 Pandemic

Wednesday, December 9, 2020 - 2:30pm

Century Casinos, Inc. is a casino entertainment company.

Key Points: 
  • Century Casinos, Inc. is a casino entertainment company.
  • The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada; and Century Bets!
  • These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.
  • Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.

Century Casinos Announces Canadian Casino and Racetrack Closures in Response to COVID-19 Pandemic

Wednesday, December 9, 2020 - 2:30pm

Century Casinos, Inc. is a casino entertainment company.

Key Points: 
  • Century Casinos, Inc. is a casino entertainment company.
  • The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada; and Century Bets!
  • These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.
  • Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.