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