Vici

VICI Properties Announces Donation of Bluegrass Downs

Retrieved on: 
Monday, November 30, 2020
Banking, Entertainment, Professional services, Other Construction & Property, Residential Building & Real Estate, Lodging, Destinations, Construction & Property, Travel, Urban planning, Finance, Casino, Gaming, Vici Properties, Vici, Paducah, Kentucky, Companies, Caesars Entertainment Corporation

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced that it has agreed to gift nearly 58 acres of land that formerly housed the Bluegrass Downs Race Track, located in Paducah, KY, to McCracken County.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced that it has agreed to gift nearly 58 acres of land that formerly housed the Bluegrass Downs Race Track, located in Paducah, KY, to McCracken County.
  • John Payne, President and Chief Operating Officer of VICI Properties, said, VICI is glad to be able to make this donation, which will directly benefit the communities in Paducah and McCracken County.
  • 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.

Caesars Entertainment and VICI Properties Complete Sale of Bally’s Atlantic City

Retrieved on: 
Wednesday, November 18, 2020
Entertainment, Commercial Building & Real Estate, Lodging, Construction & Property, Destinations, Travel, Casino, Gaming, Companies, Gambling, Caesars Entertainment Corporation, Entertainment, Caesars Entertainment, Vici Properties, Caesars Palace, Park Place Entertainment, Twin River Worldwide Holdings, Vici, Harrah's Entertainment

Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars Entertainment or Caesars) and VICI Properties Inc. (NYSE:VICI) (VICI Properties or VICI) today announced they have completed the previously disclosed transaction to sell Ballys Atlantic City to Ballys Corporation (NYSE: BALY), previously known as Twin River Worldwide Holdings Inc., for $25.0 million.

Key Points: 
  • Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars Entertainment or Caesars) and VICI Properties Inc. (NYSE:VICI) (VICI Properties or VICI) today announced they have completed the previously disclosed transaction to sell Ballys Atlantic City to Ballys Corporation (NYSE: BALY), previously known as Twin River Worldwide Holdings Inc., for $25.0 million.
  • The proceeds of the transaction were split 75% to VICI and 25% to Caesars, while the annual base rent payments under the Regional Master Lease between Caesars and VICI remain unchanged.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • 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.

Quanta Vici Launches First-Ever Smart Heated Socks and Gloves on Kickstarter

Retrieved on: 
Tuesday, October 27, 2020
Clothing, Protective gear, Ambient intelligence, Human–computer interaction, Internet of things, Ubiquitous computing, Quanta, Vici, Heated clothing, Quanta, Wearable computer, Glove

THORNHILL, Ontario, Oct. 27, 2020 /PRNewswire-PRWeb/ --Say goodbye to frozen fingers and toes with Quanta Vici Smart Wearables, launching today on Kickstarter.

Key Points: 
  • THORNHILL, Ontario, Oct. 27, 2020 /PRNewswire-PRWeb/ --Say goodbye to frozen fingers and toes with Quanta Vici Smart Wearables, launching today on Kickstarter.
  • These heated gloves and socks provide to-the-degree customizable heat in packages that look sharp and keep wearers warm and comfortable.
  • Quanta Vici Smart Wearables offer smart temperature regulation up to 131 degrees Fahrenheit.
  • "Quanta Vici was created with one simple mission: to deliver a premium smart apparel glove experience," said Adrien Sadeghzadeh, CEO of Quanta Vici.

VICI Properties Announces Release Date for Third Quarter 2020 Results

Retrieved on: 
Friday, October 9, 2020
Commercial Building & Real Estate, Casino, Gaming, Construction & Property, Entertainment, REIT, General Entertainment, Lodging, Destinations, Travel, Vici Properties, Companies, Vici

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its third quarter 2020 financial results on Wednesday, October 28, 2020 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 third quarter 2020 financial results on Wednesday, October 28, 2020 after the close of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Thursday, October 29, 2020 at 10:00 a.m. Eastern Time (ET).
  • 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. Board of Directors Receives Top Rankings in James Drury Partners Corporate Governance Report

Retrieved on: 
Thursday, October 8, 2020
Commercial Building & Real Estate, Construction & Property, Casino, Gaming, Finance, Entertainment, Banking, Professional services, Lodging, Destinations, Travel, Articles, Corporate law, Business, Companies, Vici, Corporate governance, Board of directors, New York Stock Exchange

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced its Board of Directors has been ranked second among Americas 669 largest corporations by revenue and market capitalization for overall governance capacity in an independent study of Americas largest companies conducted by global board advisory firm James Drury Partners.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced its Board of Directors has been ranked second among Americas 669 largest corporations by revenue and market capitalization for overall governance capacity in an independent study of Americas largest companies conducted by global board advisory firm James Drury Partners.
  • VICIs Board of Directors also ranked first amongst companies included in the Financials Industry Sector.
  • Were extremely proud to see our Board of Directors recognized for their outstanding corporate governance capacity amongst Americas largest corporations, said James Abrahamson, Chair of the Board of Directors of VICI Properties.
  • The Top 10 Corporations with Highest Average Director Governance Capacity among the 669 Largest Corporations in America are as follows:

VICI Properties Inc. Provides $400 Million Mortgage Loan to Caesars Entertainment

Retrieved on: 
Friday, September 18, 2020
REIT, Casino, Gaming, Commercial Building & Real Estate, Entertainment, Construction & Property, Companies, Gambling, Entertainment, Caesars Entertainment Corporation, Vici Properties, Jack Entertainment, Vici, Caesars Palace, Caesars Entertainment, Inc., Penn National Gaming, Century Casinos, Eldorado Resorts

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has provided a $400 million mortgage loan to a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars) that is secured by the Caesars Forum Convention Center in Las Vegas, in accordance with the previously announced letter of intent (the LOI) entered into on June 15, 2020.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has provided a $400 million mortgage loan to a subsidiary of Caesars Entertainment, Inc. (NASDAQ: CZR) (Caesars) that is secured by the Caesars Forum Convention Center in Las Vegas, in accordance with the previously announced letter of intent (the LOI) entered into on June 15, 2020.
  • The Caesars Forum Convention Center is subject to an amended Put/Call Agreement between Caesars and VICI, with VICIs call option being accelerated to 2025 in connection with the entry into the mortgage loan.
  • 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.
  • Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming.

VICI Properties Inc. Increases Regular Quarterly Dividend By 11%

Retrieved on: 
Thursday, September 10, 2020
Banking, Restaurant, Bar, Entertainment, Professional services, Lodging, Residential Building & Real Estate, Commercial Building & Real Estate, Travel, Construction & Property, Retail, REIT, Finance, Casino, Gaming, Companies, Vici, Caesars Entertainment Corporation, Caesars Palace, Dividend, Gambling, Entertainment

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, representing an annualized amount of $1.32 per share and a 10.9% increase from the current dividend rate.

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, representing an annualized amount of $1.32 per share and a 10.9% increase from the current dividend rate.
  • 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 Announces Release Date for Second Quarter 2020 Results

Retrieved on: 
Monday, July 13, 2020
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Companies, Vici Properties, Vici, Caesars Palace, Nevada, Caesars Entertainment Corporation, Economy of the United States

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its second quarter 2020 financial results on Wednesday, July 29, 2020 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 second quarter 2020 financial results on Wednesday, July 29, 2020 after the close of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Thursday, July 30, 2020 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.

Veni Vidi Vici Limited: Notice of AGM

Retrieved on: 
Monday, July 6, 2020
Meetings, Shareholders, Veni, Vici, Annual general meeting, Human behavior

Veni Vidi Vici (AQSE: VVV), quoted on the AQSE Growth Market, is pleased to announce that notice convening the Company's Annual General Meeting, to be held at Suite 3B, Princes House, 38 Jermyn Street, London SW1Y 6DN at 12:00 p.m. on 21 July 2020, has been posted to shareholders.

Key Points: 
  • Veni Vidi Vici (AQSE: VVV), quoted on the AQSE Growth Market, is pleased to announce that notice convening the Company's Annual General Meeting, to be held at Suite 3B, Princes House, 38 Jermyn Street, London SW1Y 6DN at 12:00 p.m. on 21 July 2020, has been posted to shareholders.
  • In light of the current COVID-19 situation, the Company has included a section in the Notice of AGM with advice under the Government's Stay at Home Measures.
  • In order to reduce the risk of infection we are asking Shareholders to not attend the General Meeting which will end immediately following the formal business.
  • The Directors of the Company accept responsibility for the contents of this announcement.

VICI Properties Inc. Announces Public Offering of Common Stock

Retrieved on: 
Monday, June 15, 2020
REIT, Finance, Professional services, Commercial Building & Real Estate, Construction & Property, Financial markets, Finance, Financial economics, Corporate finance, Stock market, Financial regulation, Short, Vici Properties, Stock, Underwriting, Vici

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 22,000,000 shares of its common stock, all of which will be offered on a forward basis through the forward purchaser or its affiliate in connection with the forward sale agreement 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 22,000,000 shares of its common stock, all of which will be offered on a forward basis through the forward purchaser or its affiliate in connection with the forward sale agreement described below.
  • The underwriters of the offering also expect to be granted a 30-day option to purchase up to 3,300,000 additional shares of the Companys common stock.
  • The Company expects to enter into a forward sale agreement with Morgan Stanley & Co. LLC (or its affiliate) (the forward purchaser) with respect to the shares of common stock covered by the offering.
  • In connection with the forward sale agreement, the forward purchaser or its affiliates is expected to borrow and sell to the underwriters all of the shares of common stock that will be delivered in the offering.