VICI Properties, a real estate investment trust (REIT) focused on the gaming and hospitality industry, recently announced the completion of its acquisition of a portfolio of Canadian properties from Century Casinos, Inc. The portfolio includes the Century Casino & Hotel in Edmonton, Alberta and the Century Casino & Hotel in Calgary, Alberta.

The acquisition of the two properties, which are both located in Alberta, is part of VICI’s strategy to expand its presence in the Canadian gaming and hospitality industry. The acquisition also marks the first time that VICI has acquired a portfolio of Canadian properties.

The two properties have a combined total of over 1,000 slot machines, 30 table games, and over 300 hotel rooms. The Edmonton property also includes a convention center and a variety of restaurants and bars. The Calgary property includes a bowling alley and an entertainment center.

VICI plans to invest in both properties to enhance their appeal to customers. This includes renovating the existing facilities, as well as adding new amenities. The company also plans to expand the gaming offerings at both properties to include sports betting, virtual reality gaming, and other interactive gaming experiences.

VICI is confident that the acquisition of the two properties will be beneficial to its shareholders. The company believes that the acquisition will create value for its shareholders by increasing its presence in the Canadian gaming and hospitality industry and by providing additional revenue opportunities.

The acquisition of the two properties from Century Casinos is a strategic move for VICI Properties. It will allow the company to further expand its presence in the Canadian gaming and hospitality industry and provide additional revenue opportunities for its shareholders.