VICI Properties Inc.

VICI Properties Inc. is a real estate investment trust headquartered in New York. The company was formed in 2017 as Caesars Entertainment Operating Company emerged from bankruptcy and took over its first portfolio from that structure. Its shares trade on the New York Stock Exchange under the ticker VICI, and it is a member of the S&P 500 index. Its focus is casino, hotel and entertainment properties.

The company is the owner of these properties rather than their operator. It leases the real estate to operating companies under long-term, triple-net leases, in which tenants bear maintenance, insurance and tax costs. The portfolio includes properties such as Caesars Palace, the Venetian Resort and MGM Grand in Las Vegas, together with regional casinos in different parts of the United States. In addition, the company invests in experience-focused real estate such as bowling venues and health and fitness facilities, and it provides financing to some projects through mortgage loans.

Those following VICI Properties stock typically track the tenants' ability to pay rent, tourism and hospitality spending, the escalation terms in lease agreements and the interest rate environment. On the VICI page at Lzzo.com the price is shown in US dollars, and a historical price chart and technical indicators appear on the same page.