VICI Properties (NYSE: VICI) — Company Overview, News & Financial Data
VICI Properties is a REIT specializing in acquiring and developing casino properties in the United States.
VICI Properties
VICI Properties is an experiential real estate investment trust that owns and acquires gaming, hospitality, entertainment, and leisure destinations across North America. The company's portfolio encompasses major gaming resorts and non-gaming experiential assets, comprising over 130 million square feet, approximately 66,000 hotel rooms, and more than 700 restaurants, bars, nightclubs, and sportsbooks. Its primary business strategy centers on long-term, triple-net lease agreements with gaming and hospitality operators, while also providing real estate financing solutions such as mezzanine loans, senior secured loans, and partner property developments.
Snapshot
Operations
Products and/or services of VICI Properties
- Gaming real estate triple-net leases: Leasing large-scale regional and destination gaming properties equipped with casino floors, hotel accommodations, and convention centers to major entertainment operators under long-term, triple-net lease agreements that require tenants to cover property expenses.
- Las Vegas Strip resort portfolio: Owning flagship luxury gaming and hospitality destinations along the Las Vegas Strip under master triple-net leases, providing extensive hotel room inventory, casino gaming space, convention facilities, dining, and nightlife venues.
- Non-gaming experiential real estate: Portfolio ownership of specialized sports and leisure facilities, including multi-sport centers, family entertainment venues, and wellness destinations leased to specialized venue operators across diverse North American metropolitan markets.
- Real estate financing and development capital: Providing capital solutions such as senior secured loans, mezzanine debt, mortgage loans, and property development funding for real estate projects across the gaming, hospitality, leisure, and entertainment sectors.
- Golf course properties and operations: Ownership and direct operation of championship golf courses, offering club facilities, tournament hosting, pro shops, and food and beverage services located near primary gaming and resort destinations.
- International gaming and leisure assets: Owning real estate for casino properties and experiential facilities in international jurisdictions such as Canada, structured under triple-net leases with established regional gaming and hospitality operators.
VICI Properties executive team
- Mr. Edward Baltazar PitoniakCEO & Director
- Mr. John W. R. PaynePresident & COO
- Mr. David Andrew KieskeExecutive VP, CFO & Treasurer
- Ms. Samantha Sacks Gallagher J.D.Executive VP, General Counsel & Secretary
- Mr. Gabriel F. WassermanSenior VP, Chief Accounting Officer & MD of V.E.C.S.
- Mr. Jeremy WaxmanVice President of Accounting & Administration
- Mr. Jacques CornetInvestor Relations of ICR Inc.
- Mr. Benjamin SomogyiAssistant General Counsel & Director of Compliance
- Ms. Amanda SchumerDirector of People
- Ms. Moira McCloskeySenior Vice President of Capital Markets