The STRAT Just Sold for $1.16 Billion #Shorts #LasVegas #TheSTRAT

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Caesars Rewards: Hotels
RockSinCity
Published
On April 30, 2026, VICI Properties closed a $1.16 billion sale-leaseback of The STRAT and six other Nevada casinos from Golden Entertainment. The 30-year master lease starts at $87 million in annual rent with 2% escalators beginning in year three.
Operator Blake Sartini still runs all seven properties — but no longer owns the buildings. Here's what the deal actually changes for guests at The STRAT, Arizona Charlie's, Aquarius, Edgewater, Pahrump Nugget, and Lakeside.

#TheSTRAT #VICIProperties #GoldenEntertainment #LasVegasCasinos #SaleLeaseback #BlakeSartini #LasVegasLocalsCasinos #ArizonaCharlies #AquariusLaughlin #PahrumpNugget #VegasStrip2026 #StratHotel #VegasCasinoNews #LasVegasREIT #VegasDecoded
Category
Las Vegas Casino
Tags
The STRAT, VICI Properties, Golden Entertainment
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