VICI Properties announces closing date for sale-leaseback transaction with Golden Entertainment

VICI Properties has announced that all gaming regulatory and shareholder approvals have been met for the previously announced $1.16bn acquisition of the land, real property, and improvements of seven casino properties from Golden Entertainment. The transaction is expected to close on or around April 30, subject to remaining customary closing conditions. VICI stated that upon closing, it will enter into a triple-net master with a newly...