VICI

VICI Properties Inc. is an experiential real‑estate investment trust that acquires, owns and finances large‑scale gaming, hospitality and entertainment venues, leasing the properties to operators under long‑term triple‑net agreements that shift taxes, insurance and maintenance costs to tenants. The company’s focus is on casino and resort assets, including iconic locations on the Las Vegas Strip as well as hotels, racetracks, golf courses and bowling alleys across the United States and Canada. Operating within the REIT sector, VICI’s business model emphasizes stable, predictable rental income and the ability to provide development‑funding solutions to its tenants. It is one of the largest owners of gaming‑related real estate in North America and is included in the S&P 500, reflecting its prominent market position among experiential property owners.