Century Casinos, Inc. Announces Sale-Leaseback of Four Properties in Alberta, Canada
COLORADO SPRINGS, Colo., May 17, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced that it has entered into a definitive agreement for subsidiaries of VICI Properties Inc. (NYSE:VICI) ("VICI") to acquire the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino ("Century Downs") in Calgary, Alberta (collectively, the "Century Canadian Portfolio") for an aggregate purchase price of CAD 221.7 million ($164.4 million based on the exchange rate on May 16, 2023) in cash. The purchase price includes CAD