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VICI Properties acquires two Mississippi casinos real estate assets

23rd December 2022 10:00 am GMT

New York-listed real estate investment trust VICI Properties has acquired the real estate assets of two Mississippi casinos owned by Foundation Gaming & Entertainment.

VICI has acquired the real estate assets of the Fitz Casino & Hotel in Tunica, and the WaterView Casino & Hotel in Vicksburg for an aggregate purchase price of $293.4m in cash.

Simultaneous with the acquisition, VICI has entered into a triple-net master lease agreement with subsidiaries of Foundation Gaming related to the [...]

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