LifeStance Health Group Set to Join S&P SmallCap 600
Golden Entertainment will be removed from the S&P SmallCap 600 effective May 1, 2026. The index deletion is driven by the pending acquisition of the company by VICI Properties and Blake Sartini, which is expected to close soon. LifeStance Health Group is set to replace Golden Entertainment in the index upon the effective date.
VICI Properties Inc. Announces Closing Date for Sale-Leaseback Transaction With Golden Entertainment
VICI Properties agreed to acquire the real estate assets of Golden Entertainment's seven casino properties for $1.16 billion, with the transaction expected to close around April 30, 2026. Golden Entertainment shareholders will receive approximately 24.3 million shares of VICI stock based on an exchange ratio of 0.902, and VICI will assume and immediately retire $426 million of Golden's outstanding debt. Golden's operations will transition to a new entity controlled by current CEO Blake Sartini, entering a 30-year triple-net master lease with an initial annual rent of $87.0 million.