{"id":271,"date":"2024-06-28T03:45:22","date_gmt":"2024-06-28T00:45:22","guid":{"rendered":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/"},"modified":"2024-06-28T03:45:22","modified_gmt":"2024-06-28T00:45:22","slug":"vici-acquires-mgm-growth-properties-for-17-2-billion","status":"publish","type":"post","link":"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/","title":{"rendered":"VICI Acquires MGM Growth Properties for $17.2 Billion"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/bWTc2c3s1LU\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>VICI is purchasing MGM Growth Properties for a hefty $17.2 billion. This news is making waves in the casino industry.<\/p>\n<p>VICI Properties, a real estate investment trust that was separated from Caesars Entertainment in 2017, has reached an agreement to acquire MGM Growth Properties, which itself was spun off from MGM Resorts.<\/p>\n<p>VICI is set to acquire MGM Growth Properties for a staggering $17.2 billion.<\/p>\n<p>As part of the agreement, MGM Growth Properties\u2019 Class A shareholders will receive 1.366 shares of newly issued VICI stock for each share of MGM Growth Properties they own. VICI\u2019s stock was trading at an average price of $31.47 in the five days leading up to the deal, meaning the price per share of MGM Growth Properties is $43.00, a 15.9% premium over the price before the deal.<\/p>\n<p>MGM Growth Properties\u2019 majority shareholder, MGM Resorts, will redeem its majority units for $43.00 in cash, for a total consideration of $4.4 billion. However, it will retain 12 million units.<\/p>\n<p>The total consideration of $17.2 billion also includes about $5.7 billion in MGM Growth Properties debt that VICI will take on.<\/p>\n<p>You can find the complete article on iGB North America.<\/p>\n<p>Sign up for the iGaming Newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>VICI is purchasing MGM Growth Properties for a hefty $17.2 billion. This news is making waves in the casino industry. VICI Properties, a real estate investment trust that was separated from Caesars Entertainment in 2017, has reached an agreement to acquire MGM Growth Properties, which itself was spun off from MGM Resorts. VICI is set [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>VICI Buys MGM Growth Properties for $17.2 Billion<\/title>\n<meta name=\"description\" content=\"VICI Properties is acquiring MGM Growth Properties in a massive $17.2 billion deal, shaking up the casino industry.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"VICI Acquires MGM Growth Properties for $17.2 Billion\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"VICI Properties is acquiring MGM Growth Properties in a massive $17.2 billion deal, shaking up the casino industry.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Evolution of Online Casino Fun | Licensed Platform\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T00:45:22+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/\",\"url\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/\",\"name\":\"VICI Buys MGM Growth Properties for $17.2 Billion\",\"isPartOf\":{\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T00:45:22+00:00\",\"dateModified\":\"2024-06-28T00:45:22+00:00\",\"author\":{\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"VICI Properties is acquiring MGM Growth Properties in a massive $17.2 billion deal, shaking up the casino industry.\",\"breadcrumb\":{\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/2024\/06\/28\/vici-acquires-mgm-growth-properties-for-17-2-billion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/candylandcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VICI Acquires MGM Growth Properties for $17.2 Billion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/candylandcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/candylandcasinonodepositbonus.icu\/\",\"name\":\"Experience the Evolution of Online Casino Fun | Licensed Platform\",\"description\":\"Stay ahead of the curve with our comprehensive news, detailed game reviews, and informative insights. 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