VICI Properties Inc. is a prominent experiential real estate investment trust (REIT) listed on the S&P 500, boasting an impressive portfolio of market-leading gaming, hospitality, and entertainment destinations.
Among its prized possessions are iconic Las Vegas Strip properties such as Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas, which are renowned for their world-class amenities and unparalleled entertainment experiences.
VICI Properties' extensive portfolio comprises 93 experiential assets, including 54 gaming properties and 39 other experiential properties, strategically located across the United States and Canada. This diverse portfolio spans approximately 127 million square feet, featuring over 60,300 hotel rooms, more than 500 restaurants, bars, nightclubs, and sportsbooks, and offers a unique blend of gaming, leisure, and hospitality experiences.
The company's properties are occupied by industry-leading operators under long-term, triple-net lease agreements, providing a stable source of income and allowing VICI Properties to focus on its core strategy of partnering with high-quality experiential place makers and operators.
In addition to its gaming and hospitality portfolio, VICI Properties has established partnerships with leading operators in other experiential sectors, including Bowlero, Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield, and Kalahari Resorts. This diversified approach enables the company to tap into new markets and opportunities, further enhancing its experiential real estate portfolio.
VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip, providing a unique opportunity for future development and growth.
Ultimately, VICI Properties' goal is to own the highest quality and most productive experiential real estate portfolio, achieved through a strategy of partnering with the highest quality experiential place makers and operators. To learn more about VICI Properties, visit their website at https://www.viciproperties.com.