{"id":250,"date":"2024-06-26T18:30:53","date_gmt":"2024-06-26T15:30:53","guid":{"rendered":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/"},"modified":"2024-06-26T18:30:53","modified_gmt":"2024-06-26T15:30:53","slug":"vici-announces-17-2-billion-acquisition-of-mgm-growth-properties","status":"publish","type":"post","link":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/","title":{"rendered":"VICI Announces $17.2 Billion Acquisition of MGM Growth Properties"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/RnHBrOK0OE4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>VICI Properties, a real estate investment trust that was separated from Caesars Entertainment, has reached an agreement to purchase MGM Growth Properties, which was also spun off from MGM Resorts, for a sum of $17.2 billion. VICI has revealed the $17.2 billion acquisition of MGM Growth Properties &#8211; Casino &#8211; iGB<\/p>\n<p>Home > Casino > VICI Announces $17.2 Billion Acquisition of MGM Growth Properties<\/p>\n<p>As per the terms of the agreement, the Class A shareholders of MGM Growth Properties will receive 1.366 shares of newly issued VICI stock for each share of MGM Growth Properties they currently hold. Considering that VICI stock was trading at an average price of $31.47 in the five days preceding the transaction, this translates to a price of $43.00 per share of MGM Growth Properties, representing a 15.9% premium over the share price before the deal.<\/p>\n<p>MGM Growth Properties&#8217; majority shareholder, MGM Resorts, will redeem its controlling interest in the company for $43.00 in cash, amounting to a total of $4.4 billion. However, they will retain ownership of 12 million units.<\/p>\n<p>The total consideration of $17.2 billion also encompasses approximately $5.7 billion in MGM Growth Properties debt that will be assumed by VICI.<\/p>\n<p>Read the complete article on iGB North America<\/p>\n<p>Sign up for the iGaming Newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>VICI Properties, a real estate investment trust that was separated from Caesars Entertainment, has reached an agreement to purchase MGM Growth Properties, which was also spun off from MGM Resorts, for a sum of $17.2 billion. VICI has revealed the $17.2 billion acquisition of MGM Growth Properties &#8211; Casino &#8211; iGB Home > Casino > [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>VICI Snags MGM Growth Properties in $17.2 Billion Deal<\/title>\n<meta name=\"description\" content=\"VICI Properties is acquiring MGM Growth Properties in a massive $17.2 billion deal, expanding its real estate portfolio significantly.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"VICI Announces $17.2 Billion Acquisition of MGM Growth Properties\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"VICI Properties is acquiring MGM Growth Properties in a massive $17.2 billion deal, expanding its real estate portfolio significantly.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Inner Casino Pro | Licensed Games &amp; Latest News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T15:30:53+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/\",\"url\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/\",\"name\":\"VICI Snags MGM Growth Properties in $17.2 Billion Deal\",\"isPartOf\":{\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-26T15:30:53+00:00\",\"dateModified\":\"2024-06-26T15:30:53+00:00\",\"author\":{\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"VICI Properties is acquiring MGM Growth Properties in a massive $17.2 billion deal, expanding its real estate portfolio significantly.\",\"breadcrumb\":{\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/26\/vici-announces-17-2-billion-acquisition-of-mgm-growth-properties\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/newcasinonodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VICI Announces $17.2 Billion Acquisition of MGM Growth Properties\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/newcasinonodepositbonuscodes.icu\/\",\"name\":\"Unleash Your Inner Casino Pro | Licensed Games &amp; Latest News\",\"description\":\"Indulge in the thrill of licensed online gambling through our up-to-date news, comprehensive reviews, and expert articles. 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