VICI Properties Inc
NYSE:VICI

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VICI Properties Inc
NYSE:VICI
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Price: 28.21 USD -2.15% Market Closed
Market Cap: 29.7B USD

VICI Properties Inc
Investor Relations

VICI Properties Inc. presents a unique narrative in the world of real estate investment, with its origins rooted in the dynamic gaming and entertainment industry. Spun off from Caesars Entertainment Corporation in 2017, VICI has rapidly grown to become one of the largest owners of gaming, hospitality, and entertainment destinations in the United States. The company operates as a real estate investment trust (REIT), which means it generates income primarily through leasing its expansive portfolio of properties to major gaming and entertainment operators. This model allows VICI to collect stable and predictable rental revenues, underpinned by long-term triple-net lease agreements, which essentially place the responsibility of property expenses—such as maintenance, insurance, and property taxes—on the tenants. This structure not only guarantees steady cash flows for VICI but also reduces its exposure to operational volatility.

VICI's portfolio is not just notable for its scale but also for its strategic locations and iconic assets. The company owns a variety of famous properties, including Caesars Palace in Las Vegas, which are often situated in key tourist and entertainment hubs. These high-demand locations ensure a robust tenant occupancy rate and leverage VICI's leverage in negotiating favorable lease terms. Moreover, VICI capitalizes on opportunities to expand and diversify its portfolio by acquiring properties with strong economic moats, further solidifying its market position. Its growth strategy encompasses both organic expansion through property enhancements and strategic acquisitions fueled by partnerships and joint ventures. In this way, VICI Properties continues to bridge the exciting world of entertainment with the stability of real estate investment, maintaining a solid footing in a niche market characterized by enduring consumer appeal.

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Management

Mr. Edward Baltazar Pitoniak
CEO & Director
No Bio Available
Mr. John W. R. Payne
President & COO
No Bio Available
Mr. David Andrew Kieske
Executive VP, CFO & Treasurer
No Bio Available
Ms. Samantha Sacks Gallagher J.D.
Executive VP, General Counsel & Secretary
No Bio Available
Mr. Kellan Florio
Senior VP & Chief Investment Officer
No Bio Available
Mr. Gabriel F. Wasserman
Senior VP, Chief Accounting Officer & MD of V.E.C.S.
No Bio Available
Mr. Jeremy Waxman
Vice President of Accounting & Administration
No Bio Available
Mr. Jacques Cornet
Investor Relations of ICR Inc.
No Bio Available
Mr. Benjamin Somogyi
Assistant General Counsel & Director of Compliance
No Bio Available
Ms. Amanda Schumer
Director of People
No Bio Available

Contacts

Address
NEW YORK
New York City
535 Madison Avenue, 20Th Floor
Contacts
+16469494631.0
viciproperties.com