Who Founded VICI Properties? Founders & Origin Story

VICI Properties Inc.

Experiential Real Estate Investment TrustFounded 2017

Reviewed by Swet Parvadiya

Last reviewed: September 12, 2026

Market Data Current As Of: September 12, 2026

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Founding Story

The globally recognized $33 billion American real estate leviathan that is VICI Properties actually possesses a historic, chaotic corporate lineage, originally born from the 2015 bankruptcy of Caesars Entertainment Operating Company (CEOC). The brilliant restructuring architects were intensely focused on the glaring debt burden crushing the iconic casino operator. In 2017, to appease furious private equity creditors, they recognized a lucrative structural opportunity: the total bifurcation of the company. They spun off the valuable physical real estate (including Caesars Palace) into a brand new, disruptive Real Estate Investment Trust (REIT) named VICI, laying the foundational architecture for a financial pipeline that would eventually dominate the Las Vegas Strip.

Caesars Entertainment real estate spin-off

Background

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Who Founded VICI Properties? FAQ

Who founded VICI Properties Inc. and in what year was it established?

VICI Properties Inc. was founded in 2017 by Caesars Entertainment real estate spin-off in New York, New York.

What was the original founding vision for VICI Properties Inc.?

The founders established VICI Properties Inc. with the objective of solving core inefficiencies in Experiential Real Estate Investment Trust, laying the foundation for its current global scale.

How does VICI Properties Inc. preserve its founding principles today?

Even as VICI Properties Inc. scales to $3.9B, the organization maintains the founders' commitment to innovation and customer-centric execution.

Founding Story

Who Founded VICI Properties? FAQ

Who founded VICI Properties Inc. and in what year was it established?

VICI Properties Inc. was founded in 2017 by Caesars Entertainment real estate spin-off in New York, New York.

What was the original founding vision for VICI Properties Inc.?

The founders established VICI Properties Inc. with the objective of solving core inefficiencies in Experiential Real Estate Investment Trust, laying the foundation for its current global scale.

How does VICI Properties Inc. preserve its founding principles today?

Even as VICI Properties Inc. scales to $3.9B, the organization maintains the founders' commitment to innovation and customer-centric execution.

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Who Founded VICI Properties?

Founding Story

Caesars Entertainment real estate spin-off

Background

VICI Properties Inc.: CEO & Leadership History

Who Founded VICI Properties? FAQ

Who founded VICI Properties Inc. and in what year was it established?

What was the original founding vision for VICI Properties Inc.?

How does VICI Properties Inc. preserve its founding principles today?

Related Competitor Intelligence

Realty Income

Simon Property

Blackrock

Disney

Mgm Resorts

Prologis

Who Founded VICI Properties?

Founding Story

Caesars Entertainment real estate spin-off

Background

VICI Properties Inc.: CEO & Leadership History

Who Founded VICI Properties? FAQ

Who founded VICI Properties Inc. and in what year was it established?

What was the original founding vision for VICI Properties Inc.?

How does VICI Properties Inc. preserve its founding principles today?