VICI Properties Inc.
Explore VICI Properties
Core profile pages, annual revenue records, and related research hubs for this company.
VICI Properties Inc.
Explore VICI Properties
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 2017 in New York, New York
VICI was formed in 2017 from Caesars Entertainment real estate as part of a restructuring and became public in 2018. The initial pitch was simple but powerful: casino operators wanted capital flexibility, and investors wanted recurring rent from assets that could not easily move or be duplicated. That formation story still defines the business.
VICI was created from Caesars Entertainment real estate as part of a restructuring.
The company completed its public listing and began scaling as a gaming real estate REIT.
The MGM Growth Properties transaction materially expanded VICI's Las Vegas Strip and regional gaming portfolio.
VICI's 2025 Form 10-K listed 93 experiential assets at December 31, 2025.
VICI reported $4.0 billion in total revenues for 2025.