VICI - Vici Properties Inc.

Company Overview

Name

Vici Properties Inc.

Tickers

VICI

Exchanges

NYSE

Employees

28

Founded

2016

Sector Information

Other Information

CIK

1705696

Category

Large accelerated filer

1-Line Summary

VICI Properties is a REIT focused on owning and acquiring gaming and experiential real estate assets under long-term leases.

Company summary

VICI Properties Inc. is a Maryland-based corporation primarily engaged in acquiring and owning gaming, hospitality, and entertainment assets, mainly under long-term triple net lease agreements. With a portfolio of 93 experiential properties, including iconic sites like Caesars Palace and the MGM Grand in Las Vegas, the company operates across a diverse geographical footprint covering 26 states and Canada. VICI aims to create superior value for guests through partnerships with leading brands, which manage the properties to enhance consumer loyalty and experiences. The company's strategy revolves around ensuring long-term stable cash flows derived from leases with operators, who are solely responsible for all operational costs and capital expenditures at the properties.

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