map of golden nugget casinoFollowing 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. Many seafood items continue to be extraordinarily expensive, which has prompted changes on many buffets at Gulf Coast casinos. Currently, properties operated by Caesars Entertainment account for 84 percent of the REIT’s rent base. borgata casino floorOverall, the buyer adds the real estate of 15 gaming venues to its portfolio, with Las Vegas becomincaesars casino renog 45 percent of its rent base. 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. Casino.org reported in April that buffets were largely free of AYCE crabs. peppermill casino careers

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