VICI Properties Inc. reports news on its real estate investment trust portfolio of gaming, hospitality, wellness, entertainment and leisure destinations in the United States and Canada. Company updates commonly cover acquisitions, sale-leaseback transactions, triple-net lease agreements, tenant relationships and amendments involving casino and resort real estate.
Recurring developments also include operating and financial results, capital-structure matters, governance updates and shareholder voting items. News involving VICI often centers on how newly acquired or re-leased properties fit within its portfolio of experiential real estate assets, including major gaming destinations and regional casino properties.
VICI Properties (NYSE: VICI) will release its third quarter 2026 financial results after the close of trading on October 28, 2026. The company will host a conference call and audio webcast on October 29, 2026, at 10:00 a.m. Eastern Time. A live webcast will be available on its website, with an on-demand replay available immediately after the call for one year.
VICI Properties (VICI) will release its third-quarter 2026 financial results on October 28, 2026, after the New York Stock Exchange closes.
The company will host a conference call and audio webcast on October 29, 2026, at 10:00 a.m. Eastern Time. The correction updates the earnings-call registration hyperlink. An on-demand replay will be available on the company’s website immediately after the call for one year.
Century Casinos (CNTY) agreed to sell its Alberta racetrack gaming operations to Highfield Investment Group for approximately $16.4 million. The agreement covers Century Mile in Edmonton and Century Downs in Calgary. The price is CAD 23.2 million and represents 6.1x FY 2025 EBITDA. Century owns 100% of Century Mile and 75% of Century Downs; other partners hold the remaining 25%.
VICI Properties (VICI) subsidiaries own both properties. At closing, Century and VICI subsidiaries will remove them from Century's master lease, and Highfield will assume the associated rent obligations. Century's annual rent will fall by approximately $7.5 million (CAD 10.7 million). Century intends to use the proceeds to reduce debt and expects lower pro forma lease-adjusted net leverage. Closing is expected in Q4 2026 or Q1 2027, subject to regulatory approvals and other closing conditions.
VICI Properties (VICI) agreed to lease two Alberta racetrack properties to a Highfield subsidiary alongside Century Casinos’ (CNTY) operations sale.
The separate triple-net lease for Century Mile and Century Downs will start at C$10.7 million in annual base rent (US$7.5 million as of the day before the announcement). At closing, it will begin a 20-year term with four five-year renewal options. Annual base rent under VICI’s Century master lease will fall by C$10.7 million, leaving VICI’s aggregate rent collected unchanged.
Lease increases will equal the greater of 1.25% or the change in Canadian CPI, capped at 2.50%. The lease requires capital spending of at least 1.0% of annual net revenue at each property and is guaranteed by Highfield Investment Group. Rent will reflect the master lease’s escalation if closing occurs after January 1, 2027. Completion is expected in the fourth quarter of 2026 or the first quarter of 2027, subject to regulatory approvals and other closing conditions.
VICI Properties (VICI) has formally appointed John M. Sullivan as an independent member of its Board of Directors following receipt of all required approvals. He will serve on the Board’s Compensation Committee and Nominating and Governance Committee, and the Board has increased its size from seven to eight members in connection with his appointment.
Sullivan is the former President and CEO of Cadillac Fairview, where he spent more than 25 years in senior roles, and previously held executive positions at Brookfield Properties, Marathon Realty and First Quebec Corporation. He currently sits on the boards of Colliers International and EQ Bank and serves on the Board of Trustees of The Hospital for Sick Children in Toronto.
VICI Properties (VICI) has released its 2025-2026 Corporate Responsibility Report, covering its Operational, Social and Environmental Responsibility initiatives.
The report details developments over the past twelve months in areas such as stakeholder engagement, sustainability investments, emissions reporting, corporate citizenship, employee engagement and tenant highlights. It provides additional disclosure aligned with or referencing frameworks including the UN SDGs, SASB Real Estate Standard, TCFD guidelines and GRI Standards. The company states that the report reflects the evolution of its engagement with sustainability and governance topics as its business grows. The report is available in the Corporate Responsibility section of VICI’s website.
VICI Properties (VICI) will appoint John M. Sullivan as an independent director to its Board, effective upon receipt of all required regulatory approvals. Once effective, his appointment is expected to expand the Board to eight directors, and he will serve on the Compensation Committee and the Nominating and Governance Committee. Sullivan was President and CEO of Cadillac Fairview from 2011 until his retirement in October 2023 and has more than 25 years of senior real estate roles. He currently sits on the boards of Colliers International and EQ Bank and holds engineering and MBA degrees from Concordia and McGill universities.
VICI Properties (VICI) announced that its board declared a regular quarterly cash dividend of $0.46 per share for the period from July 1, 2026 to September 30, 2026, a 2.2% increase from the current rate.
The dividend is payable on October 8, 2026 to stockholders of record at the close of business on September 17, 2026, representing an annualized dividend of $1.84 per share.
VICI Properties (NYSE: VICI) announced that its subsidiary VICI Properties L.P. has closed a $1.75 billion public offering of senior unsecured notes. The issue includes $900 million of 5.400% notes due 2031, priced at 99.966% of par, and $850 million of 5.750% notes due 2036, priced at 98.375% of par.
According to the company, net proceeds are intended to repay $1.75 billion of existing 4.250%–4.500% senior notes due 2026. The notes were offered under an effective SEC shelf registration, with multiple global banks acting as joint book-runners and co-managers.
PENN Entertainment (Nasdaq: PENN) reported second quarter 2026 revenues of $1.86 billion, up from $1.77 billion in 2025, with net income of $32.6 million versus a prior-year loss of $18.3 million. Consolidated Adjusted EBITDA rose to $312.6 million from $236.1 million, and diluted EPS improved to $0.24 with Adjusted EPS of $0.44 versus $0.10.
The Retail segment generated record quarterly revenues of approximately $1.5 billion, Segment Adjusted EBITDAR of $517.2 million, and margins of 34.4%, aided by new projects at Hollywood Columbus and Hollywood Casino Aurora. The Interactive segment delivered revenues of $349.4 million (including $185.5 million tax gross-up) and an Adjusted EBITDA loss of $9.5 million, a substantial year-over-year improvement.
PENN reported total liquidity of $1.9 billion, including $887.2 million of cash, and traditional net debt of $1.9 billion. The company refinanced and extended its revolving credit and term loan A facilities to 2031, repriced and extended its term loan B to 2033, and repaid $106.7 million of 2.75% convertible notes due 2026, removing about 4.6 million potentially dilutive shares.