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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).
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.
The HSF Kramer team advising VICI was composed of Corporate partners Jordan M. Rosenbaum and Todd E. Lenson, and special counsel Jeffrey H Taub; and Real Estate partners James P. Godman and Tzvi Rokeach, and counsel M. Mendel Trapedo.
Key contacts
Jordan M. Rosenbaum
Partner, Head of Equity Capital Markets and Public Companies, US, New York
Todd E. Lenson
Partner, Head of Equity Capital Markets and Public Companies, US, New York
Jeffrey H Taub
Special Counsel, New York
James P. Godman
Partner, New York
Tzvi Rokeach
Partner, New York
M. Mendel Trapedo
Counsel, New York
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