Jack Entertainment

VICI Properties Inc. Enters Into Agreements Relating to Gold Strike Casino Resort in Tunica, MS

Retrieved on: 
Thursday, June 9, 2022
REIT, Casino, Gaming, Commercial Building & Real Estate, Entertainment, Construction & Property, Gold Strike Tunica, Cherokee Nation, Company, Chelsea Piers, LLC, Cherokee Nation Businesses, MGM, LinkedIn, CPI, Jack Entertainment, Caesars Palace, Partnership, Security (finance), Vici Properties, Caesars Entertainment, U.S. Securities and Exchange Commission, MGM Resorts International, Tenant, Risk, Technology, CNB, NYSE, COVID-19, Restaurant, MGM Grand, Twitter, Industry, In re Caremark International Inc. Derivative Litigation, Engineering, Eastern Band of Cherokee Indians, Golf, Indigenous peoples of South America, Gold Strike, Lease, Las Vegas Strip, Facebook

VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI or the Company) announced today that, in connection with MGM Resorts Internationals (MGM Resorts) (NYSE: MGM) agreement to sell the operations of Gold Strike Casino Resort (Gold Strike), located in Tunica, MS, to Cherokee Nation Entertainment Gaming Holdings, LLC, a subsidiary of Cherokee Nation Businesses (CNB), VICI has agreed to enter into a new separate lease with CNB related to the operations of Gold Strike (the Gold Strike Lease) and also enter into an amendment to the Master Lease between VICI Properties and MGM Resorts (the MGM Master Lease).

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI or the Company) announced today that, in connection with MGM Resorts Internationals (MGM Resorts) (NYSE: MGM) agreement to sell the operations of Gold Strike Casino Resort (Gold Strike), located in Tunica, MS, to Cherokee Nation Entertainment Gaming Holdings, LLC, a subsidiary of Cherokee Nation Businesses (CNB), VICI has agreed to enter into a new separate lease with CNB related to the operations of Gold Strike (the Gold Strike Lease) and also enter into an amendment to the Master Lease between VICI Properties and MGM Resorts (the MGM Master Lease).
  • We are looking forward to working with VICI, which has established itself as a leader in providing financial solutions to Tribal Nations.
  • The Gold Strike Lease will be guaranteed by Cherokee Nation Businesses.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

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

Retrieved on: 
Thursday, June 9, 2022
Entertainment, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, REIT, Casino, Gaming, Company, Chelsea Piers, Jack Entertainment, Caesars Palace, Partnership, Security (finance), Caesars Entertainment, Vici Properties, U.S. Securities and Exchange Commission, Cherokee, REIT, MGM Resorts International, NYSE, COVID-19, Restaurant, Risk, MGM Grand, Industry, In re Caremark International Inc. Derivative Litigation, Eastern Band of Cherokee Indians, Golf, Cabot, Casino, Las Vegas Strip

VICI Properties Inc. (NYSE: VICI) (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 Tuesday, June 7, 2022.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (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 Tuesday, June 7, 2022.
  • Additionally, Mr. Pitoniak described the strategic merits of VICI's recently announced new partnership with Cabot, a developer, owner and operator of world-class destination golf resorts and communities.
  • 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 strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Declares Regular Quarterly Dividend

Retrieved on: 
Thursday, June 9, 2022
Entertainment, Commercial Building & Real Estate, Lodging, Construction & Property, Travel, REIT, Casino, Gaming, Company, Board of directors, Chelsea Piers, Jack Entertainment, Caesars Palace, Security (finance), Caesars Entertainment, Vici Properties, U.S. Securities and Exchange Commission, Cherokee, MGM Resorts International, NYSE, COVID-19, Restaurant, Risk, MGM Grand, Industry, Board, In re Caremark International Inc. Derivative Litigation, Eastern Band of Cherokee Indians, Golf, Casino, Las Vegas Strip

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 $0.36 per share of common stock for the period from April 1, 2022 to June 30, 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 $0.36 per share of common stock for the period from April 1, 2022 to June 30, 2022.
  • The dividend will be payable on July 7, 2022 to stockholders of record as of the close of business on June 23, 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 strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Announces First Transaction With Cabot and Entry Into ‘Destination Golf Experience’ Sector

Retrieved on: 
Monday, June 6, 2022
Sports, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, REIT, Travel, Golf, Entertainment, Other Entertainment, Farm, Purchasing, General counsel, Company, Trust, Food, Chelsea Piers, Nature Coast, Ownership, Jack Entertainment, Caesars Palace, Partnership, Security (finance), Caesars Entertainment, Vici Properties, U.S. Securities and Exchange Commission, Term Asset-Backed Securities Loan Facility, Cherokee, Pinnacle, Growth, MGM Resorts International, Health, NYSE, COVID-19, Restaurant, MGM Grand, Risk, Industry, Collection, J. E. M. Ag Supply, Inc. v. Pioneer Hi-Bred International, Inc., Eastern Band of Cherokee Indians, Golf, Anne Pitoniak, Cabot, Hotel, Las Vegas Strip

This Cabot Citrus Farms transaction marks the first transaction in the broader Cabot-VICI investment partnership.

Key Points: 
  • This Cabot Citrus Farms transaction marks the first transaction in the broader Cabot-VICI investment partnership.
  • Cabot Citrus Farms is an incomparable opportunity to bring to Florida our approach to golf place- and experience-making.
  • Our golf course and resort village design teams are building on all weve learned at Cabot Cape Breton, Cabot Saint Lucia and Cabot Revelstoke.
  • Were thrilled to partner with VICI at Cabot Citrus Farms and, over time, at other great destinations around the world.

VICI Properties Inc. Announces Addition of Two Senior Team Members

Retrieved on: 
Tuesday, May 31, 2022
Entertainment, Lodging, Construction & Property, REIT, Travel, Casino, Gaming, Senior, UBS, Risk, Knowledge, Hyco International Inc, Banc of America Securities (1998–2008), Chelsea Piers, Capital market, Middlebury College, MGP, Economics, MGM Resorts International, Lead, Bachelor of Arts, Jack Entertainment, Investment, Goal, Golf, Bank, UBS AG, History of medicine, Caesars Entertainment, Eastern Band of Cherokee Indians, Bank of America, Restaurant, Equity capital markets, Industry, Vici Properties, Caesars Palace, Cherokee, Goldman Sachs, Yale University, Acquisition, NYSE, MGM Grand, Management, Financial services, Las Vegas Strip

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced the appointment of Kellan Florio, Senior Vice President, Chief Investment Officer and Moira McCloskey, Vice President, Capital Markets.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced the appointment of Kellan Florio, Senior Vice President, Chief Investment Officer and Moira McCloskey, Vice President, Capital Markets.
  • Kellans extensive experience and long-standing relationships in experiential real estate sectors makes him a strong addition to our team, said Mr. Payne.
  • Moiras invaluable knowledge and experience across the capital markets makes her a significant addition to our team, said Mr. Kieske.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

OHIO'S GAMING COMPANY GOES ALL-IN FOR STATE'S FIRST FREE SPORTSBOOK BETTING APP

Retrieved on: 
Thursday, May 19, 2022
Digital, Jack Cleveland Casino, Sport, Jack Thistledown Racino, News, Multimedia, View, Gambling, Beer, Restaurant, Partnership, Higbee's, App Store (iOS/iPadOS), Jack Entertainment, Buckeye, JACK, Online gambling

CLEVELAND, May 19, 2022 /PRNewswire/ -- Will Ohio fans have a preferred sportsbook when real money sports gambling becomes legal?  You bet.  And betJACK is the odds-on favorite.

Key Points: 
  • JACK Entertainment recently rolled out betJACK,a free-to-play sports betting app that caters to Ohio's sports fans' unbridled, passionate, and never-say-die mindset.
  • The Ohio-born betJACK app is available now as a Training Camp for Ohio fans who want to practice their skills with a free experience before real betting becomes available next year.
  • Developed in partnership with award-winning product developer Shape Games, the betJACK app offers various betting options from spreads, money lines, over/under, and parlays, plus in-game betting.
  • The app also features many how-to guides that explain sportsbook betting options and lingo.

VICI Properties Announces Closing of $5.0 Billion Senior Unsecured Notes Offering

Retrieved on: 
Friday, April 29, 2022
Professional Services, Other Professional Services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, REIT, Caesars Entertainment, Sale, Restaurant, Jack Entertainment, Goldman Sachs, Varick Street, Database, Madison Avenue, MGP, Citigroup, Security (finance), Chelsea Piers, BNP PARIBAS, Vici Properties, Industry, Issuer, Deutsche Bank, NYSE, BofA Securities, SRI International, Inc. v. Internet Security Systems, Inc., EDGAR, Scotiabank, Company, Morgan Stanley, MGM Growth Properties, Failure, U.S. Securities and Exchange Commission, Suite, Prospectus, MGM Grand, Wells Fargo, LLC, COVID-19, Risk, Telephone, 3rd Floor, Cherokee, UBS, Note, Attention, Stifel, Eastern Band of Cherokee Indians, Caesars Palace, Columbus Circle, 2nd Floor (Nina song), Golf, Acquisition, MGM Resorts International, Barclays, Las Vegas Strip, J. P. Morgan

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its subsidiary, VICI Properties L.P. (the Issuer), has completed its public offering of $5.0 billion in aggregate principal amount of senior unsecured notes (the Notes) substantially concurrently with the closing of the Companys acquisition of MGM Growth Properties LLC (MGP) consisting of:

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its subsidiary, VICI Properties L.P. (the Issuer), has completed its public offering of $5.0 billion in aggregate principal amount of senior unsecured notes (the Notes) substantially concurrently with the closing of the Companys acquisition of MGM Growth Properties LLC (MGP) consisting of:
    $500.0 million aggregate principal amount of 4.375% senior unsecured notes due 2025 (the 2025 Notes).
  • $1.25 billion aggregate principal amount of 4.750% senior unsecured long notes due 2028 (the 2028 Notes).
  • $1.0 billion aggregate principal amount of 4.950% senior unsecured long notes due 2030 (the 2030 Notes).
  • $1.5 billion aggregate principal amount of 5.125% senior unsecured notes due 2032 (the 2032 Notes).

VICI Properties Inc. Completes $17.2 Billion Strategic Acquisition of MGM Growth Properties LLC

Retrieved on: 
Friday, April 29, 2022
Professional Services, Other Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Caesars Entertainment, Restaurant, Jack Entertainment, New, M&A, MGP, S&P, NNN lease, Access, Security (finance), MGM, MGM Grand Las Vegas, Chelsea Piers, Vici Properties, Industry, OP, Tenant, NYSE, Kramer Levin Naftalis & Frankel, In re Caremark International Inc. Derivative Litigation, Growth, Company, MGM Growth Properties, General counsel, U.S. Securities and Exchange Commission, Region, MGM Grand, Securities & Exchange Commission of Pakistan, Ownership, COVID-19, Partnership, Risk, Cherokee, EBITDA, Leadership, Eastern Band of Cherokee Indians, CPI, Caesars Palace, MGM Resorts International, Golf, Acquisition, Institutionalisation, REIT, Real estate, Casino, Bank, Las Vegas Strip, Fitch

VICI Properties Inc. (NYSE: VICI) (VICI, VICI Properties or the Company), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE: MGP) ("MGP").

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI, VICI Properties or the Company), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE: MGP) ("MGP").
  • Simultaneous with the closing of the MGP acquisition, the Company entered into an amended and restated triple-net master lease with MGM Resorts International (NYSE: MGM) (MGM Resorts or MGM).
  • The tenants obligations under the MGM master lease and BREIT JV lease continue to be guaranteed by MGM.
  • Morgan Stanley & Co LLC served as lead strategic and financial advisor to VICI Properties on the transaction.

VICI Properties Inc. Announces Final Results and Settlement of Exchange Offers

Retrieved on: 
Friday, April 29, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Caesars Entertainment, U.S. Securities and Exchange Commission, Jack Entertainment, Sale, Eastern Band of Cherokee Indians, SRI International, Inc. v. Internet Security Systems, Inc., Caesars Palace, Restaurant, MGM Resorts International, COVID-19, Risk, MGP, Securities Act of 1933, Exchange offer, Golf, Company, Regulation, Indenture, Acquisition, Cherokee, Security (finance), Note, Chelsea Piers, Vici Properties, Industry, Debt-to-GDP ratio, Certification, SEC Rule 144A, Property management, Las Vegas Strip

The terms of the VICI Exchange Notes are substantially identical to the terms of the corresponding series of MGP Notes.

Key Points: 
  • The terms of the VICI Exchange Notes are substantially identical to the terms of the corresponding series of MGP Notes.
  • The amendments effectuated by the supplemental indentures have now become operative.
  • VICI Properties national, geographically diverse portfolio consists of 28 gaming facilities comprising over 62 million square feet and features approximately 25,000 hotel rooms and more than 250 restaurants, bars, nightclubs and sportsbooks.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Announces Release Date for First Quarter 2022 Results

Retrieved on: 
Thursday, April 21, 2022
Commercial Building & Real Estate, Construction & Property, REIT, Caesars Entertainment, Golf, Jack Entertainment, Chelsea Piers, Hyco International Inc, New, MGP, Cherokee, Restaurant, Caesars Palace, Company, MGM Resorts International, Webcast, NYSE, Vici Properties, Industry, Acquisition, Eastern Band of Cherokee Indians, Video game, Las Vegas Strip

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its first quarter 2022 financial results on Wednesday, May 4, 2022 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 first quarter 2022 financial results on Wednesday, May 4, 2022 after the close of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Thursday, May 5, 2022 at 10:00 a.m. Eastern Time (ET).
  • ET on May 5, 2022 until midnight ET on May 12, 2022 and can be accessed by dialing 929-458-6194 (domestic) or +44 204-525-0658 (international) and entering the passcode 921441.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.