VICI Properties Inc. Enters Into Agreement With Indigenous Gaming Partners Related to PURE Canadian Gaming
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VICI Properties Inc. has amended and consented to the assignment of its master lease agreement with PURE Canadian Gaming Corp. to an affiliate of Indigenous Gaming Partners Inc., as part of IGP's acquisition of PURE's operating assets.
December 10, 2024 | 9:30 pm
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VICI Properties Inc. has amended its master lease agreement with PURE Canadian Gaming Corp., allowing Indigenous Gaming Partners to acquire PURE's operating assets. This move could strengthen VICI's position in the gaming industry.
The amendment and consent to the lease agreement with PURE Canadian Gaming Corp. by VICI Properties Inc. facilitates the acquisition by Indigenous Gaming Partners. This strategic move could enhance VICI's portfolio and strengthen its position in the gaming industry, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80