VICI Completes Purchase of Jack Cleveland

Sun, Feb 2, 2020

VICI Properties, the real estate investment trust spun off from Caesars Entertainment in 2017, has closed on its $843 million purchase of Jack Cleveland Casino and Jack Thistledown racino (l.) from Jack Entertainment. VICI will lease the properties back to Jack for $65.9 million in total annual rent in a 15-year deal with four renewal options.

VICI Completes Purchase of Jack Cleveland

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