Indigenous-owned Pure Casino bids for Gamehost with backing from U.S. real estate giant

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Indigenous-owned Pure Casino Entertainment LP is attempting to acquire publicly traded Gamehost Inc. The deal involves Pure financing the purchase by selling Gamehost’s four Alberta properties for $200-million to VICI Properties Inc., a U.S. real estate company specializing in casino ownership. VICI Properties, which already supports Pure Casino’s existing properties, sees this expansion as part of its strategy to grow its Canadian portfolio, citing strong growth prospects in the domestic gaming industry.

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