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downstream casino outdoor poolFollowing completion of the MGP transaction, VICI’s largest tenant will account for 41 percent of rental income.VICI adds the deal will be immediately accretive to acquire funds from operations (AFFO) — a metric investors use to assess the financial health of real estate companies.Field of Gaming REITs Getting SmallerAssuming the VICI/MGP marriage is consummated, there will be just two publicly traded gaming REITs in the US, with Gaming and Leisure Properties, Inc.  unit of MGP it owns, and 12 million units “in a newly formed operating partnership of VICI Properties.” That one percent stake is worth approximately 0 million.Simultaneous with the closing of the transaction, VICI Properties will enter into an amended and restated triple-net master lease with MGM Resorts. (NASDAQ:GLPI) being the other.In 2019, an investor pushed GLPI to merge with VICI. (Image: Scarlet Pearl)Citing labor shortages, transportation troubles, high demand, and rising prices, casinos in Biloxi, Gulfport, D’Iberville, and Bay St. Fast-forward less than four months, and that price has jumped to .99.The SilverOverall, the buyer adds the real estate of 15 gaming venues to its portfolio, with Las Vegas becominwinstar world casino big winnersg 45 percent of its rent base. big fish casino elite jackpot