VICI Properties Amends Canadian Casino Deal Following IGP Acquisition

VICI Properties Amends Canadian Casino Deal Following IGP Acquisition

By Michael Davidson

December 11, 2024 at 01:35 AM

VICI Properties has amended its master lease agreement with Pure Canadian Gaming Corp. following the acquisition of Pure's operating assets by Indigenous Gaming Partners (IGP). This development affects four Canadian casino properties acquired by VICI in January 2023.

The affected properties include:

  • Pure Casino Edmonton
  • Pure Casino Yellowhead
  • Pure Casino Calgary
  • Pure Casino Lethbridge

Lethbridge casino building exterior view

Lethbridge casino building exterior view

The original master lease terms remain unchanged:

  • 25-year base term
  • Four 5-year tenant renewal options

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