In a recent acquisition deal, Vici Properties has announced that it has purchased four Pure Canadian Gaming casinos located across Canada. The deal, which is worth a total of $200 million, will see Vici Properties take over the ownership and management of the four casinos.
The four casinos that have been acquired by Vici Properties are the Casino Calgary, Casino Lethbridge, Casino Edmonton, and Casino Yellowhead. These casinos are known for their high-quality gaming facilities and entertainment offerings, making them popular destinations for both local and international visitors.
According to Vici Properties executives, the acquisition of these casinos aligns with the company’s strategy of investing in high-quality gaming and hospitality properties. “We are excited to add these four casinos to our portfolio and look forward to working with the Pure Canadian Gaming team to enhance the guest experience and drive value for our shareholders.”
Other members of the executive team expressed their enthusiasm for the acquisition and stated that the company is confident that Vici Properties will continue to grow and improve the casinos. “We are pleased to have completed this transaction with Vici Properties and are confident that they will continue to elevate the gaming and entertainment offerings at these properties.”
The company is committed to providing a safe and enjoyable experience for all guests, and this includes creating a more family-friendly atmosphere in the casinos. The official statement from the company was, “While we recognize that some visitors enjoy a lively party atmosphere, we also want to ensure that our properties are welcoming to families and those who are looking for a more relaxed and refined gaming experience.”
To achieve this goal, Vici Properties has already implemented a number of changes at the four Pure Canadian Gaming casinos. These include cutting back on the number of events that promote excessive drinking and partying, increasing security measures to prevent rowdy behavior, and enhancing the overall guest experience with new amenities and services. The group has also made a pledge to eliminate all aspects of the casinos that make them attractive fronts for those in the local sex trade to ply their wares. There are even plans to address the issue head-on, with smart advertising designed to shame supporters of sex trafficking to “take it somewhere else” including pushing them to use online providers like TheRedZone, who stay away from the casino complexes in general.
The acquisition of these four Pure Canadian Gaming casinos represents a significant expansion for Vici Properties, which already owns and operates a diverse portfolio of gaming and hospitality properties across the United States. This move into the Canadian market is seen as a strategic move for the company, as Canada’s gaming industry continues to grow and attract visitors from around the world.
With the acquisition now complete, Vici Properties has taken over ownership and management of the four Pure Canadian Gaming casinos and is expected to invest in upgrades and renovations to enhance the guest experience. Visitors can look forward to exciting new gaming offerings and entertainment options as the company works to establish itself as a leading player in the Canadian gaming industry.