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Vici to Buy The Strat and Six Other Golden Casinos in $1.16B Sale-Leaseback

Golden’s operations would transfer to CEO Blake Sartini, with a shareholder vote and regulatory reviews still required.

Overview

  • Golden shareholders would receive 0.902 Vici shares per Golden share, a 41% premium to the prior close.
  • Vici will assume and repay up to $426 million of Golden’s debt, and the master lease sets $87 million in initial annual rent.
  • The portfolio covers The Strat, Arizona Charlie’s Decatur and Boulder in Las Vegas, Aquarius and Edgewater in Laughlin, the Pahrump Nugget, and Lakeside Casino & RV Park.
  • Gold Town Casino in Pahrump is excluded from the transaction, according to Vici’s SEC filing.
  • Golden has a go‑shop period for competing proposals through Dec. 5, and the companies target a mid‑2026 closing subject to approvals.