Vici

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.

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

Wednesday, March 17, 2021 - 12:30pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on Fox Business Networks The Claman Countdown on Tuesday, March 16, 2021.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on Fox Business Networks The Claman Countdown on Tuesday, March 16, 2021.
  • Mr. Pitoniak discussed the Companys deal to acquire the real estate of the Venetian Resort Las Vegas and the Sands Expo and Convention Center in Las Vegas, Nevada.
  • 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.

Veni Vidi Vici Limited: Board Changes

Tuesday, March 16, 2021 - 8:02am

Veni Vidi Vici is pleased to announce the appointment of David Francis Rigoll as Executive Chairman of the Company with immediate effect.

Key Points: 
  • Veni Vidi Vici is pleased to announce the appointment of David Francis Rigoll as Executive Chairman of the Company with immediate effect.
  • Mr Rigoll started his career in 1985 in the finance industry at an Investment Bank and moved to a successful stockbroking house in 1986 specialising in mining.
  • He has specialised in identifying commodities in high growth areas most notably iron ore in 2003, oil in 2004.
  • He has championed assets that are located in top tier jurisdictions and is privately investing in eco power sources to further facilitate responsible mining practice.

VICI Properties Inc. Declares Regular Quarterly Dividend

Thursday, March 11, 2021 - 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 January 1, 2021 to March 31, 2021.

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 January 1, 2021 to March 31, 2021.
  • The dividend will be payable on April 8, 2021 to stockholders of record as of the close of business on March 25, 2021.
  • 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.

VICI Properties Inc. CEO Edward Pitoniak Featured on CNBC.com

Tuesday, March 9, 2021 - 10:37pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced that its CEO, Edward Pitoniak, participated in a feature interview on CNBC.com to discuss the Companys deal to acquire the real estate of the Venetian Resort Las Vegas and the Sands Expo and Convention Center in Las Vegas, Nevada.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced that its CEO, Edward Pitoniak, participated in a feature interview on CNBC.com to discuss the Companys deal to acquire the real estate of the Venetian Resort Las Vegas and the Sands Expo and Convention Center in Las Vegas, Nevada.
  • 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 national, geographically diverse portfolio consists of 28 gaming facilities comprising over 47 million square feet and features approximately 17,800 hotel rooms and more than 200 restaurants, bars, nightclubs and sportsbooks.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Announces Pricing of Public Offering of Common Stock

Thursday, March 4, 2021 - 12:18am

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the pricing of an underwritten public offering of 60,000,000 shares of its common stock at a public offering price of $29.00 per share, all of which will be offered on a forward basis through the forward purchasers or their respective affiliates in connection with the forward sale agreements described below.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the pricing of an underwritten public offering of 60,000,000 shares of its common stock at a public offering price of $29.00 per share, all of which will be offered on a forward basis through the forward purchasers or their respective affiliates in connection with the forward sale agreements described below.
  • Morgan Stanley, BofA Securities, Citigroup and Deutsche Bank Securities are acting as joint book-running managers for the offering, and as representatives of the underwriters in the offering.
  • Goldman Sachs, J.P. Morgan, Barclays, Wells Fargo Securities, Union Gaming are acting as bookrunners in the offering.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Announces Public Offering of Common Stock

Wednesday, March 3, 2021 - 11:35am

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced it has commenced an underwritten public offering of 60,000,000 shares of its common stock, all of which will be offered on a forward basis through the forward purchasers or their respective affiliates in connection with the forward sale agreements described below.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced it has commenced an underwritten public offering of 60,000,000 shares of its common stock, all of which will be offered on a forward basis through the forward purchasers or their respective affiliates in connection with the forward sale agreements described below.
  • The underwriters of the offering also expect to be granted a 30-day option to purchase up to 9,000,000 additional shares of the Companys common stock.
  • In connection with the forward sale agreements, the forward purchasers or their respective affiliates are expected to borrow and sell to the underwriters all of the shares of common stock that will be delivered in the offering.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

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.

VICI Properties Announces Release Date for Fourth Quarter and Full Year 2020 Results

Monday, January 11, 2021 - 9:15pm

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its fourth quarter and full year 2020 financial results on Thursday, February 18, 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 fourth quarter and full year 2020 financial results on Thursday, February 18, 2021 after the close of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Friday, February 19, 2021 at 10:00 a.m. Eastern Time (ET).
  • 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 strategy is to create the nations highest quality and most productive experiential real estate portfolio.

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.