Caesars and VICI sell Harrah’s Reno Casino

Home » Caesars and VICI sell Harrah’s Reno Casino

Caesars Entertainment and VICI Properties have completed the previously disclosed transaction to sell Harrah’s Reno Hotel and Casino to an affiliate of CAI Investments for $41.5m.

The proceeds of the transaction were split 75 per cent to VICI and 25 per cent to Caesars, while the annual rent payments under the Regional Master Lease between Caesars and VICI remain unchanged.

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