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Announced

Completed

VICI Properties completed the acquisition of Century Canadian Portfolio from Century Casinos for $165m.

Financials

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Transaction Value£131m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Canada

Real Estate Holding and Development

Single Bidder

casino properties

Acquisition

Friendly

Majority

Cross Border

Real Estate

Completed

Synopsis

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VICI Properties, an experiential real estate investment trust, completed the acquisition of Century Canadian Portfolio from Century Casinos, a casino entertainment company, for $165m. “We are thrilled to announce our third international investment with the acquisition of Century’s four Canadian casino assets, demonstrating our ongoing desire to expand internationally and confidence in the Canadian gaming market. We are also pleased to continue growing our partnership with Century by supporting their asset monetization strategy, unlocking value that fuels their strategic growth initiatives,” John Payne, VICI Properties President and Chief Operating Officer.

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