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scarlet pearl casino spaWhile it’s the owner of the Caesars Palace, prior to this year it generated less than a third of its revenue in Las Vegas.That’s slated to change in dramatic fashion.  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. The lease will have an initial total annual rent of 0.0 million, inclusive of MGP’s pending acquisition of MGM Springfield, and an initial term of 25 years, with three 10-year tenant renewal options,” according to a statement.The deal is expected to close in the first half of 2022. free slot games no sign up(NASDAQ:GLPI) being the other.In 2019, an investor pushed GLPI to merge with VICI. Regional casinos will account for the rest.There are more benefits for VICI, including reducing top tenant concentration. While it’s the owner of the Caesars Palace, prior to this year it generated less than a third of its revenue in Las Vegas.That’s slated to change in dramatic fashion. play free casino blackjack 21+3

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