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VICI Properties Inc. Enters Definitive Agreement with Eastern Band of Cherokee Indians related to Caesars Southern Indiana - Press Release


VICI Properties Inc. Enters Definitive Agreement with Eastern Band of Cherokee Indians related to Caesars Southern Indiana
NEW YORK (Business Wire) VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that, in connection with the Eastern Band of Cherokee Indians’ (“EBCI”) agreement to acquire the operations of Caesars Southern Indiana from Caesars Entertainment, Inc. (NYSE: CZR) (“Caesars”), the Company has agreed to enter into a triple-net lease agreement with EBCI with respect to the real property associated with Caesars Southern Indiana. In addition, as part of this transaction, the parties have agreed to negotiate a right of first refusal (“ROFR”) for VICI Properties on the real property associated with the development of a new casino resort in Danville, Virginia. ....

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