Sandy Corrigan

Sandy Corrigan served as the first CEO and key architect of VICI Properties in 2017, operating with the radical philosophy that the fragmented gaming property market was ripe for aggressive consolidation, and that by applying rigorous real estate capital discipline and acquisition strategies, he could build a global real estate empire. His decision to orchestrate the $6.25 billion spin-off from MGM Resorts International established the foundational asset monetization model and localized monopoly power that defines the company's dominance today.

Sandy Corrigan was a visionary entrepreneur and real estate executive who recognized the massive inefficiencies in the fragmented gaming property market and decided to build a global real estate empire from scratch. In 2017, he convinced the leadership of MGM Resorts International to execute a massive $6.25 billion sale-leaseback transaction, initiating an aggressive acquisition strategy that would eventually create the largest gaming and experiential REIT in the world. Corrigan's genius lay in his ability to apply rigorous financial engineering and aggressive consolidation strategies to the chaotic, fragmented world of gaming real estate. He orchestrated the company's initial public offering in 2018 and capitalized on the post-pandemic recovery to acquire thousands of distressed properties, fundamentally altering the landscape of global commercial real estate. Although he eventually stepped down from his operational role, Corrigan's foundational philosophy of aggressive consolidation, ruthless operational efficiency, and localized market dominance remains the central operating DNA of the modern VICI Properties, transforming a single spin-off entity into a $1.24 billion global real estate titan.