VICI Properties L.P. and Century Casinos, Inc. completed the acquisition of Real estate assets from Evitts Resort, LLC.
July 24, 2023
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VICI Properties L.P. and Century Casinos, Inc. (NasdaqCM:CNTY) entered into an agreement to acquire Real estate assets from Evitts Resort, LLC for approximately $200 million on August 24, 2022. The deal will be financed with cash on hand. The transaction is subjected to regulatory approvals, antitrust approvals and the consummation of another merger. The deal is expected to close in middle of 2023. Stifel Financial Corp. (NYSE:SF) acted as financial advisor to Century Casinos. Faegre Drinker Biddle & Reath LLP acted as legal advisor to Century Casinos. Latham & Watkins LLP acted as legal advisor to Golden Entertainment. Macquarie Capital (USA) Inc. acted as financial advisor to Golden Entertainment.
VICI Properties L.P. and Century Casinos, Inc. (NasdaqCM:CNTY) completed the acquisition of Real estate assets from Evitts Resort, LLC on July 25, 2023.
Century Casinos, Inc. is a casino entertainment company. The Company operates gaming establishments, as well as related lodging, restaurants, horse racing, (including off-track betting) and entertainment facilities primarily in North America. The Companyâs operating segments in the United States, include East, the Mountaineer Casino, Resort & Races in New Cumberland, West Virginia and Rocky Gap Casino, Resort & Golf in Flintstone, Maryland; Midwest, the Century Casinos in Cape Girardeau and Caruthersville, Missouri, and Century Casino & Hotels in Cripple Creek and Central City, Colorado; and West, the Nugget Casino Resort, in Reno/Sparks, Nevada. In Canada, the Company operates Century Casino & Hotel in Edmonton, the Century Casino in St. Albert, Century Mile Racetrack and Casino in Edmonton and Century Downs Racetrack and Casino in Calgary. In Poland, the Company operates approximately eight casinos through the Companyâs subsidiary Casinos Poland Ltd.