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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.

Service Management World, Presented by HDI, Delivered the Service Management Community Actionable Insights to Manage Changing Customer and Business Expectations

Retrieved on:

Thursday, November 17, 2022

HDI, the leading organization dedicated to elevating service and support across the enterprise, brought the service management industry together at Service Management World .

Key Points:

HDI, the leading organization dedicated to elevating service and support across the enterprise, brought the service management industry together at Service Management World .
We are excited to offer attendees opportunities for future learning at SupportWorld Live and Service Management World in the coming year.
Keynote panel on The How of Enterprise Service Management, with panelists from Mount Holyoke College, Beyond20, and Infotech Research Group.
HDI empowers the technical support and service management community to advance their strategy, operations, and teams through optimized service delivery.

BetMGM Launches Mobile Sports Betting in Maryland

Retrieved on:

Thursday, November 24, 2022

NATIONAL HARBOR, Md., Nov. 23, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, launched its mobile app in Maryland today giving customers access to a variety of online betting options and benefits tied to MGM Resorts' premier destinations nationwide, including MGM National Harbor.

Key Points:

The BetMGM app offers a user-friendly sports betting platform experience, giving Maryland sports fans the ability to customize pre-game, live in-play, futures and parlay wagers.
The mobile app complements the BetMGM Sportsbook & Lounge at MGM National Harbor that opened in December 2021.
MGM National Harbor has more than 40 sports betting kiosks located throughout the casino, a second BetMGM Sportsbook on the casino's second level and a BetMGM betting counter and four kiosks at TAP Sports Bar.
The BetMGM Sportsbook & Lounge is an incredible amenity, and the addition of the mobile app further enhances our customer experience."

CIRQUE DU SOLEIL ENTERTAINMENT GROUP OFFERS BEST DEALS OF THE YEAR DURING BLACK FRIDAY AND CYBER MONDAY

Retrieved on:

Tuesday, November 22, 2022

MONTREAL, Nov. 22, 2022 /PRNewswire/ -- Cirque du Soleil Entertainment Group presents rarely offered deals during Black Friday and Cyber Monday for its touring and resident shows performing across North America. Audiences can take advantage of world-class discounts ranging from 15% to 50% off the one-of-a-kind productions. Offers are valid for select 2022 and 2023 performances and black-out dates may vary by show.

Key Points:

MONTREAL, Nov. 22, 2022 /PRNewswire/ -- Cirque du SoleilEntertainment Group presents rarely offered deals during Black Friday and Cyber Monday for its touring and resident shows performing across North America.
Cirque du Soleil Entertainment Group is a world leader in live entertainment.
Going beyond its various creations, Cirque du Soleil Entertainment Group aims to make a positive impact on people, communities and the planet with its most important tools: creativity and art.
For more information about Cirque du Soleil Entertainment Group, please visit CDSentertainmentgroup.com .

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.

2022 Casino Player Trends Report Shows New Generation of Players are Changing the Casino Landscape

Retrieved on:

Tuesday, November 1, 2022

Diamond, Marketing, Palms Casino Resort, Jefferies Group, MGM Grand, Partnership, Generation Z, Blue Man Group, Family, Sport, San Manuel, Desert Diamond Casino West Valley 200, Adoption, Millennials, Gen, Friends, Perception, Arizona Lottery, Casino

PHOENIX, Nov. 1, 2022 /PRNewswire-PRWeb/ -- LaneTerralever, a marketing and customer experience agency, conducted a national study of 1,384 casino and sports betting players to better understand the player mindset and hidden drivers across multiple generations. In partnership with Jefferies Group, LaneTerralever also conducted one-on-one interviews with executives from some of the largest casino operators in the United States to incorporate their priorities and insights. Their 2022 Casino Player Trends Report provides casino operators and marketing executives with player findings and data-driven strategies to deliver a world-class experience and drive long-term loyalty.

Key Points:

Their 2022 Casino Player Trends Report provides casino operators and marketing executives with player findings and data-driven strategies to deliver a world-class experience and drive long-term loyalty.
Three of the most impactful areas covered by the report are expectations around customer experience, impacts of online sports betting and emerging trends in loyalty programs.
While most casinos know what works for established players, a stronger focus needs to be placed on what matters to emerging players.
To capitalize on this untapped market, casino operators should utilize their loyalty programs to reinforce in-person engagements with these online players.

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.