mick
1 year ago
#2 <> July 26 2023 - 04:57PM <> $VICI Properties Inc. (NYSE: VICI) (โVICI Propertiesโ or โVICIโ)
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VICI Properties Inc. (NYSE: VICI) (โVICI Propertiesโ or โVICIโ), an experiential real estate
investment trust,
today announced that its CEO, Edward Pitoniak, will appear as a featured guest on CNBCโs
โLast Callโ on Wednesday, July 26, 2023. Mr. Pitoniak will be joined by Canyon Ranch
principal owner and chairman John Goff to discuss the recently announced VICI-Canyon Ranch Growth Partnership,
a multi-faceted investment partnership to support the expansion of Canyon Ranch,
a leading provider of holistic, integrative health and wellness guest experiences.
In addition to live television coverage of โLast Call,โ which airs between 7:00 P.M.
and 8:00 P.M. Eastern Time, a replay of the segment will be available for viewing on VICIโs website here.
About VICI Properties
VICI Properties Inc. is an S&P 500® experiential real estate investment trust that owns one
of the largest portfolios
of market-leading gaming, hospitality and entertainment destinations, including
Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas,
three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Propertiesโ
geographically diverse portfolio consists of 50 gaming facilities across the United States
and Canada comprising approximately 124 million square feet and features
approximately 60,300 hotel rooms and more than 450 restaurants, bars,
nightclubs and sportsbooks.
Its properties are occupied by industry leading gaming and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of investing and financing partnerships with leading non-gaming experiential operators,
including Great Wolf Resorts, Cabot, Canyon Ranch and Chelsea Piers. VICI Properties
also owns four championship golf courses and 34 acres of undeveloped
and underdeveloped land adjacent to the Las Vegas Strip. VICI Propertiesโ goal is to create t
he highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. For additional information,
please visit http://www.viciproperties.com.
About Canyon Ranch
Canyon Ranch is a pioneer in wellness guidance with over four decades of experience inspiring guests to pursue a lifetime of wellbeing.\
A visit to a Canyon Ranch Resort is completely unique for each guest and can be different every time they come
by accessing a selection of over 1,500 services drawing from ancient wisdom and modern
technology.
Guided by world-class experts who integrate services across a broad range of disciplines
โ including nutrition, sports & performance, spa, mental health, spirituality and more
โ our guests gain personal insight, skills, and motivation that leads to true transformation long
after their stay.
The value of visiting Canyon Ranch goes well beyond our warm hospitality, luxurious spas,
nutritious cuisine, and awe-inspiring destinations located in Tucson, Arizona;
Lenox, Massachusetts;
Woodside, California and
Las Vegas, Nevada.
For more information, visit
http:// www.canyonranch.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words โassumes,โ โbelieves,โ โestimates,โ โexpects,โ โguidance,โ โintends,โ โplans,โ โprojects,โ โwill,โ and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICIโs control and could materially affect actual results, performance, or achievements. Important risk factors that may affect VICIโs business, results of operations and financial position are detailed from time to time in VICIโs filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230726664106/en/
Investor Contacts:
Investors@viciproperties.com
(646) 949-4631
Or
David Kieske
EVP, Chief Financial Officer
DKieske@viciproperties.com
Moira McCloskey
SVP, Capital Markets
MMcCloskey@viciproperties.com
mick
2 years ago
gaming $VICI PROPERTIES INC.
VICI Properties Inc. is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming,
hospitality and entertainment destinations,
including Caesars Palace Las Vegas,
MGM Grand and the
Venetian Resort Las Vegas,
three of the most iconic entertainment facilities on the Las Vegas Strip.
VICI Propertiesโ national, geographically diverse portfolio consists of 45 gaming facilities comprising over 122 million square feet
and features approximately 58,700 hotel rooms and more than 450 restaurants, bars, nightclubs and sportsbooks.
Soco54
3 years ago
โIt seems that everyone these days is concerned about inflation, and for good reason. Inflation has risen from 2.3% in 2019 to more than 6% in 2021. Investors are looking for ways to hedge rising prices, and Vici offers an opportunity to do this. According to the company, 97% of its rental agreements have automatic escalators based on the consumer price index (CPI). When the CPI rises, so do rents. Higher rents flow through to AFFO and investors can expect larger dividend payments in turn. Vici's leases are what is known as triple net, meaning the tenant pays the insurance, property taxes, and building repairs and maintenance expenses. Finally, Vici has some of the longest-term leases in the business, a source of financial stability. According to the company, its average lease term is more than 43 years. For comparison, Store Capital, a net-lease REIT focused on single-tenant properties, has an average term of 13.5 years.โ
https://www.fool.com/real-estate/2021/12/24/is-vici-properties-a-buy-for-2022/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo
Rager
19 years ago
Ethos Environmental, Inc. Executes Definitive Agreement With Victor Industries, Inc.
Thursday April 20, 5:32 pm ET
(reverse stock split of approximately 1:1000)
SAN DIEGO, Calif., April 20, 2006 (PRIMEZONE) -- Ethos Environmental, Inc. (``Ethos''), a manufacturer and distributor of a unique line of fuel reformulating products under the name Ethos Fuel Reformulators, or Ethos FR, today announced the execution of a Definitive Agreement (the ``Agreement'') with Victor Industries, Inc. (``VICI'') (OTC BB:VICI.OB - News). As part of the Agreement, it is expected that VICI will redomicile to Nevada, effectuate a reverse stock split of approximately 1:1000, and change its name to Ethos Environmental, Inc. Additionally, the shares presently held by stockholders in Ethos will be exchanged on a one-for-one basis in the resulting corporation.
The Agreement is subject to appropriate shareholder approval by both companies. The Board of Directors of VICI has set the record date for voting on the Agreement at March 31, 2006.
Victor Industries, Inc. presently trades on the OTC BB under the symbol VICI.OB. However, it is anticipated that, in the near future and upon successful completion of the reverse merger, the common stock of Ethos Environmental, Inc. will be publicly traded on the OTC BB under a new symbol.
``Our objective in creating this exciting new entity is to maximize growth and provide added value to shareholders,'' said Enrique de Vilmorin, CEO of Ethos. ``We now have a foundation for our management and development teams to continue building the pipeline of new products and collaborations to expand upon our core product offering.''
Ethos is also at the forefront in the development of new blending methods and is positioned to lead the industry with its already patented products as well as those new patents currently in process to cover areas of synthetic oils, sulfur substitutes and varied formulations of the original Ethos FR and its enhancements. Since Ethos was founded, it has experienced tremendous growth in the global market place. Ethos has successfully launched products in regions such as North and South America, Western Europe and the Asian Pacific Rim through global channels of distribution and collaborations with market-specific distributors. Due to the comprehensive understanding of these distributors of local market dynamics and indigenous cultural preferences, Ethos' management has successfully adapted to the global markets in which it operates. In fact, as of recently, Ethos FR was the only additive that the Chinese government had approved for use by the small container ships that ply the highly polluted Yangtze River region, and a production facility in China is in the works as Ethos' products are expected to play a major role in the ``clean-air'' movement in China in advance of the 2008 Olympics.
Revenues, for example, are expected to be in the multi-millions from sales to China and Ecuador alone in 2006.
With more operating capital available through foreign sales, Ethos plans to ramp up domestic marketing by partnering with national retailers, such as auto parts stores and supermarket chains. ``Consumers will save money at the pump, and it will help their vehicles pass smog tests,'' says Ethos Director Jose Escobedo. ``Importantly, we will be able to fulfill all orders from our growing list of customers at our new, 70,000 square foot, state of the art manufacturing and research facility,'' continued Escobedo.
Additional information concerning the Agreement, merger, resulting stock ownership and financial statements will be included in the necessary and appropriate filings with the Securities and Exchange Commission.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the Company and its operations are included on certain forms the Company files with the Securities and Exchange Commission.
Contact:
Victor Industries Inc.
(800) 949-1230
www.VictorIndustries.com
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Source: Victor Industries, Inc.