Caesars selling Harrah's Las Vegas

Caesars selling Harrah’s Las Vegas

Caesars is ready to seal a real estate sale and leaseback agreement with VICI Properties, the REIT created after Caesar's reorganisation last month. Caesars is selling Harrah's Las Vegas to VICI for $1.14bn in cash and will pay VICI $87.4m in annual rent initially and more during the life of the15-year …

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