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Rocky gap casino blackjack rules11/23/2023 ![]() The purchase price has been set as a 4.9 multiple of the earnings of 2021. An amendment to the lease means that the annual rent for the Rocky Gap Casino will be $15.5 million. This will see an affiliate of VICI Properties Inc, purchasing the real estate estates for an impressive $204 million. Let´s take a closer look at the VICI Rocky Gap deal.Ģ1+ | Terms & Conditions Apply | NJ Residents OnlyĪ $204 million real estate deal – VICI Rocky Gap DealĪs soon as the transaction between Lakes Maryland and Century completes, there will be another transaction that completes simultaneously. As we’ll see, VICI Properties Inc is set to play a major role in the future of the Rocky Gap Casino Resort too. It’s not just Century that has entered the picture though. With $56 million to play with, you can be sure that Century is posting some seriously healthy accounts. Showing just how successfully Century Casinos has been, it is using cash from its balance sheet to go ahead and fund the purchase. The fee for this acquisition is believed to be set at $56 million. ![]() The purchase would see Century Casinos taking over from the current owner, Lakes Maryland Development LLC. It stated that it had entered an agreement to buy the Rocky Gap Casino Resort. ![]() Just last month, Century Casinos made an announcement. to acquire Rocky Gap Casino Resort VICI Properties inc.
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