HSF Kramer Advises VICI in sale-leaseback of Canadian portfolio in connection with Pure Casino Entertainment’s acquisition of Gamehost

On March 30, 2026, Herbert Smith Freehills Kramer client VICI Properties Inc. (NYSE: VICI)  announced the CAD$200.6 million / USD$144.4 million pending acquisition  of the real estate assets of Deerfoot Inn & Casino, Great Northern Casino and two limited-service hotels that are adjacent to the Great Northern Casino located in Alberta, Canada, in connection with Pure Casino Entertainment Limited Partnership’s pending take-private acquisition of Gamehost Inc. (GH.TO).

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Simultaneous with the closing, the real estate will be added to the existing triple-net master lease agreement between VICI Properties and PURE. The tenants’ obligations under the PURE Master Lease will continue to be guaranteed by Indigenous Gaming Partners, Inc.