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Caesars Entertainment and AGS Celebrate the Exclusive In-person and Online Launches of Kingdom of Horus and Reign of Anubis
Businesswire· 2025-10-24 15:39
Oct 24, 2025 11:39 AM Eastern Daylight Time Caesars Entertainment and AGS Celebrate the Exclusive In-person and Online Launches of Kingdom of Horus and Reign of Anubis Share Exclusive slot titles now live and playable on casino floors at Caesars' destinations in Atlantic City and across Caesars' online casino platforms in five North American jurisdictions **For downloadable high-res assets, click here** ATLANTIC CITY, N.J.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars†) and AGS cel ...
VICI Properties Inc. Enters Into Agreements Relating to MGM Northfield Park in Northfield, OH
Businesswire· 2025-10-16 11:30
Core Viewpoint - VICI Properties Inc. has entered into agreements related to MGM Northfield Park, which includes a new lease with Clairvest Group and an amendment to the existing MGM Master Lease, reflecting VICI's strategy to expand its tenant base and maintain strong partnerships in the gaming sector [1][3][4]. Summary by Sections Transaction Details - VICI Properties will lease the real property of MGM Northfield Park to an affiliate of Clairvest, with an initial annual base rent of $53 million, increasing to $54 million if the closing occurs after May 1, 2026, due to a 2% annual escalation clause [3][4]. - The new lease will have a 25-year term with three 10-year renewal options, and will include similar terms to the MGM Master Lease, such as a 2% annual escalation and a minimum capital expenditure requirement of 1% of annual net revenue [3][4]. Company Background - VICI Properties is an S&P 500 experiential real estate investment trust that owns a diverse portfolio of gaming and entertainment properties, including iconic locations like Caesars Palace and MGM Grand [6][7]. - The company currently owns 93 experiential assets across the U.S. and Canada, comprising approximately 127 million square feet and featuring around 60,300 hotel rooms and over 500 dining and entertainment venues [7]. Clairvest Group - Clairvest is a leading private equity management firm with a strong track record in the gaming sector, having owned interests in 36 gaming assets over the past two decades [2][8]. - The firm aims to partner with entrepreneurs to build strategically significant businesses and manages over $4.6 billion in capital [8].