
Pure Casino – The 72,000-square-foot Net Casino Edmonton is a net portfolio that was sold and leased. Pure Canadian Gaming Corporation
Pure Canadian Gaming Corp. has sold its four Pure Casinos in Alberta to New York City-based real estate investment trust Vicky Properties for $271.9 million (US$200.8 million) in a long-term sale-leaseback arrangement.
Pure Casino
The deal includes the real estate assets of Pure Casino Edmonton, Pure Casino Yellowhead in Edmonton. Edmonton, Pure Casino Calgary, Pure Casino Lethbridge in Calgary and Lethbridge, Alberta.
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In conjunction with the acquisition, VICI entered into a triple net master lease agreement with Pure Canadian Gaming covering the net portfolio. The net master lease has an initial gross annual rent of approximately C$21.8 million reflecting a required earned capital rate of 8.0 percent, and an initial term of 25 years, with four five-year tenant renewal options.
“Today’s announcement marks another important first for VICI as we expand our footprint internationally in Canada with the acquisition of Net Portfolio,” VICI Properties President and CEO John Payne said in a statement.
Pure is the largest gaming operator in Alberta, which VICI describes as a “highly regulated market with minimal competitive risks and no significant changes to the business model over the past 30-plus years.”
VICI Properties Inc. is an S&P 500 veteran real estate investment trust that owns the largest portfolio of gaming, hospitality and entertainment venues in North America. Properties include Caesars Palace Las Vegas, MGM Grand and Venetian Resort Las Vegas, all on the Las Vegas Strip.
Pure Casino Yellowhead: Guide, Highlights, Prices & Reviews [2023]
High construction costs stall Prairie office deliveries Jul 27, 2023 3:45 PM Landrex, First Nation break ground on $170M mixed-use project Jul 27, 2023 9:59 AM Trudeau names new cabinet, economy ‘ Attention, before the next housing selection Jul 26, 2023 5:43 PMP Pull the lever or press the spin button and watch the reels line up to win big. With bets starting at just a penny, anyone can join in the excitement. And with progressive machines like Alberta Gold offering top prizes starting at $20,000, you can make it big. So come on down and try your luck at the slots! Who knows, you could be our next big winner.
Once you’ve chosen your machine, it’s time to start the process. Press the spin button or pull the lever to spin the reel. Keep track of winning combinations on your chosen paylines. You can also use bonus features like Wild and Scatter to increase your chances of winning big! And remember to cash out your winnings or store them on a player’s card for future use. Get ready for thrilling moments as the reels spin and reveal your destiny! Good luck, and have fun!
At PURE Casino Calgary, we pride ourselves in offering over 850 slot machines. You can choose to play either our penny slots or high-end games, featuring traditional themes or the latest state-of-the-art slot machines. In 2023, we will offer weekly and monthly poker tournaments and progressive promotions. Like our Bad Bet Jackpot and High Hand promotions. Experienced dealers and floor staff are committed to providing excellent service to all players. We are always looking for ways to improve our room and make it the best for our players. So come check out Calgary’s best poker room at PURE Casino Calgary!
No Limit Hold’em Bed Bet: First Pot: $32,115 Second Pot: $4,955 Pot Limit Omaha Bed Bet: First Pot: $29,257 Second Pot: $8,518 No Limit Hold’em High Hands: Low Quads: $198 High Quads: $198 High Quads : $1707, Royal Flush: $2,347
Pure Casino Yellowhead — Colleen Rae
Poker Atlas is the largest source of poker room and game information in North America! Check out current and upcoming tournaments and cash games.
Our poker room also hosts private and charity tournaments upon request. So whether it’s a corporate event or a fundraiser for a good cause, we can provide you with everything you need for an exciting and successful tournament experience. Interested parties can contact the poker room directly or speak to the owner of the poker house for more information.
The jackpot is uncapped and a qualifying hand of Aces is won by full Queens or better using both hole cards. So come on down and try your luck to hit the jackpot!
With no cap on betting, players can go all in and potentially win big pots. And with our easily qualified hands, you can see plenty of action on every game. So join us and experience an unparalleled PLO. Experience the best of excitement.
Vici Properties Acquires Canadian Gaming Properties In Ca$271.9m Deal
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