Eastern Band of Cherokee Indians

Lenovo's Work For Humankind creates lasting impact in communities across the globe

Retrieved on: 
Tuesday, August 1, 2023

It's a simple yet profound idea that plans for the future while allowing us to leave a positive impact on those who come after us.

Key Points: 
  • It's a simple yet profound idea that plans for the future while allowing us to leave a positive impact on those who come after us.
  • In 2022, community volunteers brought Lenovo technology to residents on Robinson Crusoe Island in the South Pacific.
  • The Work For Humankind island partnership also captured essential data on the Pink-footed Shearwater, a native bird whose ecosystem was threatened.
  • It's my hope we leave a lasting legacy through the power of kindness and collaboration, fueled by technology, and embraced by people across the globe.

VICI Properties Inc. Enters Into Lease Agreement with Hard Rock International related to the Mirage Hotel & Casino in Las Vegas

Retrieved on: 
Monday, December 19, 2022

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that, in connection with Hard Rock International’s (“Hard Rock”) acquisition of the operations of the Mirage Hotel & Casino (the “Mirage”), the Company has entered into a triple-net lease agreement with Hard Rock with respect to the real property associated with the Mirage.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that, in connection with Hard Rock International’s (“Hard Rock”) acquisition of the operations of the Mirage Hotel & Casino (the “Mirage”), the Company has entered into a triple-net lease agreement with Hard Rock with respect to the real property associated with the Mirage.
  • As part of this transaction, VICI Properties may fund Hard Rock’s planned redevelopment of the Mirage through VICI’s Partner Property Growth Fund.
  • Specific terms of the redevelopment and related funding remain under discussion and subject to final documentation between VICI and Hard Rock.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip.

VICI Properties Inc. Declares Regular Quarterly Dividend

Retrieved on: 
Thursday, December 8, 2022

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 $0.39 per share of common stock for the period from October 1, 2022 to December 31, 2022.

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 $0.39 per share of common stock for the period from October 1, 2022 to December 31, 2022.
  • VICI Properties national, geographically diverse portfolio consists of 43 gaming facilities comprising over 122 million square feet and features approximately 58,700 hotel rooms and more than 450 restaurants, bars, nightclubs and sportsbooks.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped and underdeveloped 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. Announces Agreement to Provide Capital Through Its Partner Property Growth Fund for Century Casinos’ Expansion

Retrieved on: 
Monday, December 5, 2022

VICI Properties Inc. (NYSE: VICI) (the Company or VICI or VICI Properties) announced today that it will utilize its Partner Property Growth Fund to provide capital for an exciting expansion project for Century Casinos, Inc. (NASDAQ: CNTY) (Century or Century Casinos).

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (the Company or VICI or VICI Properties) announced today that it will utilize its Partner Property Growth Fund to provide capital for an exciting expansion project for Century Casinos, Inc. (NASDAQ: CNTY) (Century or Century Casinos).
  • The project consists of a new land-based casino with an adjacent 38-room hotel tower at Century Casino Caruthersville, located in Caruthersville, Missouri.
  • John Payne, President and Chief Operating Officer of VICI Properties, said, We are very excited to continue to grow our partnership with Century by funding this expansion project through our Partner Property Growth Fund.
  • Since we jointly acquired three regional assets in 2019, the Century team has significantly enhanced performance at the properties by fine-tuning operations and focusing intently on customer satisfaction.

VICI Properties Inc. CEO Edward Pitoniak Appears on CNBC’s “Power Lunch”

Retrieved on: 
Friday, December 2, 2022

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on CNBCs Power Lunch on Thursday, December 1, 2022.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on CNBCs Power Lunch on Thursday, December 1, 2022.
  • Mr. Pitoniak discussed VICI Properties recently announced acquisition of the remaining 49.9% interest in the MGM Grand Las Vegas and Mandalay Bay joint venture.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped and underdeveloped 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. to Acquire Remaining 49.9% Interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture From Blackstone Real Estate Income Trust, Inc.

Retrieved on: 
Thursday, December 1, 2022

The properties, situated at the south end of the Las Vegas Strip in Las Vegas, Nevada, are subject to an existing triple-net lease agreement between the joint venture and MGM Resorts International (NYSE: MGM).

Key Points: 
  • The properties, situated at the south end of the Las Vegas Strip in Las Vegas, Nevada, are subject to an existing triple-net lease agreement between the joint venture and MGM Resorts International (NYSE: MGM).
  • Edward Pitoniak, Chief Executive Officer of VICI Properties, said, We have been honored to be BREITs partner in the MGM Grand Las Vegas / Mandalay Bay joint venture and this transaction further demonstrates the ability of Blackstone and VICI to work together productively, now and in the future.
  • The MGM Grand Las Vegas / Mandalay Bay triple-net lease has a remaining initial lease term of approximately 27 years (expiring in 2050) with two ten-year tenant renewal options.
  • Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.

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

Retrieved on: 
Friday, November 4, 2022

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 16,500,000 shares of its common stock subject to the forward sale agreements described below, which will result in approximately $509.9 million of gross proceeds (assuming such forward sale agreements are physically settled) before any offering expenses.

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 16,500,000 shares of its common stock subject to the forward sale agreements described below, which will result in approximately $509.9 million of gross proceeds (assuming such forward sale agreements are physically settled) before any offering expenses.
  • (or their respective affiliates) (the forward purchasers) with respect to the shares of common stock covered by the offering.
  • The Company will not initially receive any proceeds from the sale of shares of common stock by the forward purchasers or their respective affiliates.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped or underdeveloped land adjacent to the Las Vegas Strip.

VICI Properties Inc. Announces Public Offering of Common Stock

Retrieved on: 
Thursday, November 3, 2022

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 16,500,000 shares of its common stock, all of which are expected to 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 16,500,000 shares of its common stock, all of which are expected to 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 2,475,000 additional shares of the Companys common stock.
  • (or their respective affiliates) (the forward purchasers) with respect to the shares of common stock covered by the offering.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped or underdeveloped land adjacent to the Las Vegas Strip.

VICI Properties Inc. CEO Edward Pitoniak Appears on CNBC’s “Mad Money With Jim Cramer”

Retrieved on: 
Thursday, October 20, 2022

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on CNBCs Mad Money with Jim Cramer on Tuesday, October 18, 2022.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced that its CEO, Edward Pitoniak, appeared as a featured guest on CNBCs Mad Money with Jim Cramer on Tuesday, October 18, 2022.
  • VICI Properties national, geographically diverse portfolio consists of 43 gaming facilities comprising over 122 million square feet and features approximately 58,700 hotel rooms and more than 450 restaurants, bars, nightclubs and sportsbooks.
  • VICI Properties also owns four championship golf courses and 34 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

CANYON RANCH® PLANS FULL WELLNESS ECOSYSTEM INCLUDING RESORTS, CLUBS AND APP

Retrieved on: 
Wednesday, October 19, 2022

FORT WORTH, Texas, Oct. 19, 2022 /PRNewswire/ -- Canyon Ranch's purpose is to inspire people to achieve a well way of life. Today the company takes a significant step forward by announcing a comprehensive 'ecosystem' of experiences designed to support its guests with a lifetime of guidance. Founded as a resort-spa destination, Canyon Ranch now introduces urban-based clubs and a digital app as well as adding Austin, Texas as its newest resort location. The company has partnered with VICI Properties Inc. to secure up to $200 million in capital to develop the Austin resort in the Texas Hill Country, with plans to begin construction in 2023 and open to guests in 2025.

Key Points: 
  • Founded as a resort-spa destination, Canyon Ranch now introduces urban-based clubs and a digital app as well as adding Austin, Texas as its newest resort location.
  • "Guests will soon be able to begin or continue their wellness experience at our new Canyon Ranch Clubs and be supported by our digital app.
  • The Canyon Ranch ecosystem will surround you with insights, skills and the motivation needed to achieve true transformation.
  • Canyon Ranch resort guests begin their journey before their stay by consulting with a dedicated Wellness Guide and discussing their personal wellness intentions.