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VICI Properties completed the acquisition of casinos from PURE Canadian Gaming for $201m.

Synopsis

VICI Properties, a real estate investment trust, completed the acquisition of casinos from PURE Canadian Gaming, an operator of a chain of casinos across Western Canada, for $201m. “Over the last five and a half years, VICI has built a portfolio of market-leading experiential real estate. Today’s announcement marks another momentous first for VICI as we expand our footprint internationally into Canada with the acquisition of the PURE Portfolio. This transaction highlights our ability to source, structure, and fund cross-border transactions, widening our opportunity set as we continue along our growth trajectory. We are pleased to add PURE as our eleventh tenant and look forward to a mutually beneficial partnership," John Payne, VICI Properties President and COO.

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