By Ameana Jones VICI Completes $843.3M Acquisition of JACK EntertainmentJanuary 28, 2020 ON Monday, VICI Properties Incorporated completed the acquisition of JACK Cleveland Casino and JACK Thistledown Racino. The acquisition deal is estimated to have been worth a whopping $843.3 million and was financed with cash on hand. During the announcement, the JACK Entertainment officials pointed out that while the lease deal or sale of the casinos […]
By Tomas Medon Harrah’s Reno to Be Sold Ahead of Caesars-Eldorado MergerJanuary 17, 2020 On Wednesday, renowned gaming and hospitality operator Caesars Entertainment Corporation and VICI Properties, its real estate investment trust, announced that they will be selling Harrah’s Reno Hotel and Casino. The property which is based in downtown Reno will be sold to CAI Investments, a Las Vegas-based real estate group. Its sale will earn the sellers […]
By Ameana Jones Century Completes $107M Acquisition of Three Eldorado CasinosDecember 10, 2019 Last Friday, Century Casinos announced that it has completed the acquisition three casinos from Eldorado Resorts in a deal that was worth about $107 million. The three casinos that Century acquired were the Isle Casino Cape Girardeau in Cape Girardeau, Missouri, Lady Luck Caruthersville in Caruthersville, Missouri, and Mountaineer Casino, Racetrack and Resort in New […]