NYSE:VICI

VICI Properties announced that it expects to close its $1.16 billion acquisition of a portfolio of seven casino properties from Golden Entertainment around April 30, 2026, after receiving all required regulatory and shareholder approvals.

Following the transaction, VICI will enter into a long-term triple-net lease agreement with a newly formed operating entity, with an initial annual rent of $87 million and a 30-year term. The deal also includes a mix of stock and cash consideration for Golden Entertainment shareholders, along with the repayment of $426 million in debt.

The acquisition strengthens VICI’s portfolio of gaming and entertainment real estate assets and reinforces its strategy of partnering with leading operators under long-term lease agreements.

Source: Business Wire
VICI Properties Inc. (NYSE: VICI) announced today that it will release its first quarter 2026 financial results on Wednesday, April 29, 2026 after the close of markets
VICI Properties Inc. announced a CAD$200.6 million (USD$144.4 million) acquisition of casino and hospitality real estate assets in Alberta, Canada, as part of a sale-leaseback transaction.

The portfolio includes Deerfoot Inn & Casino, Great Northern Casino, and adjacent hotels, and will be leased to Pure Casino Entertainment Limited Partnership under a long-term triple-net lease.

Following the transaction, annual rent is expected to increase by CAD$16.1 million, with built-in escalation tied to inflation and a 25-year base lease term, extendable through renewal options.

The deal, expected to close in mid-2026 pending approvals, will expand VICI’s presence in the Canadian gaming market and is anticipated to be immediately accretive to earnings.
Business Wire
VICI Properties announced it has increased its investment in the One Beverly Hills development, committing a total $1.5 billion mezzanine loan as part of the project’s construction financing.

The financing supports a major luxury mixed-use project featuring an Aman-branded hotel and residences, alongside retail, dining, and public spaces, with phased completion expected from 2027.

VICI also expanded its strategic partnership with Cain and Eldridge Industries, with plans to collaborate on future experiential real estate investments through a new cross-capital venture.
Business Wire
VICI Properties Inc. reported fourth-quarter 2025 revenue of $1.0 billion, up 3.8% year over year, while net income attributable to common stockholders declined 1.6% to $604.8 million, or $0.57 per share, reflecting the impact of a change in the CECL allowance. Adjusted Funds From Operations (AFFO) rose 6.8% to $642.5 million, or $0.60 per share.

For full-year 2025, revenue increased 4.1% to $4.0 billion, and net income grew 3.6% to $2.8 billion, or $2.61 per share. AFFO climbed 6.6% to $2.5 billion, or $2.38 per share. The company announced approximately $2.1 billion in capital commitments during 2025 at a weighted average initial yield of 8.9% and increased its annualized cash dividend by 4%, marking its eighth consecutive annual dividend increase since its 2018 IPO.

VICI ended the year with $563.5 million in cash and announced several strategic transactions, including a $1.16 billion agreement to acquire seven Nevada casino properties from Golden Entertainment and a new lease related to MGM Northfield Park. The company also established full-year 2026 guidance.

Source: VICI Properties, Business Wire
VICI Properties Inc. (NYSE: VICI) announced today that it will release its fourth quarter and full year 2025 financial results on Wednesday, February 25, 2026 after the close of markets.
VICI Properties Inc. (NYSE: VICI) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.45 per share of common stock for the period from October 1, 2025 to December 31, 2025. The dividend will be payable on January 8, 2026 to stockholders of record as of the close of business on December 17, 2025.
VICI Properties Announces $1.16 Billion Sale-Leaseback Deal With Golden Entertainment

VICI Properties (NYSE: VICI) entered into a $1.16 billion sale-leaseback agreement with Golden Entertainment (NASDAQ: GDEN) for seven Nevada casino properties, including The STRAT Hotel, Casino & Tower and Arizona Charlie’s locations. The transaction establishes a new triple-net master lease with Golden’s operating company, initially generating $87 million in annual rent at a 7.5% cap rate and featuring 2% annual rent escalations from year three.

The deal expands VICI’s footprint into the Las Vegas Locals market, the second-largest U.S. gaming region by 2024 revenue, and adds Golden as its 15th tenant. VICI expects the transaction to be immediately accretive to AFFO per share and will fund it through cash on hand and credit facilities, without new capital market activity. The closing is targeted for mid-2026 pending shareholder and regulatory approvals.
VICI Properties Reports Solid Q3 2025 Results, Raises Dividend and Adds New Tenant

VICI Properties (NYSE: VICI) posted third-quarter 2025 revenue of $1.0 billion, up 4.4% year-over-year, driven by consistent growth across its experiential real estate portfolio. Net income rose 4% to $762 million ($0.71 per share), while Adjusted Funds From Operations (AFFO) increased 7.4% to $637.6 million ($0.60 per share).

The company declared its eighth consecutive annual dividend increase, raising the quarterly dividend by 4% to $0.45 per share. VICI ended the quarter with $507.5 million in cash and $244.9 million in pending equity proceeds, and updated full-year AFFO guidance to a range of $2.51–$2.52 billion ($2.36–$2.37 per share).

CEO Edward Pitoniak highlighted the company’s steady growth, disciplined capital allocation, and efficient business model—growing aggregate AFFO by 7.4% while increasing share count only 2.1%. Subsequent to quarter-end, VICI announced its 14th tenant, Clairvest, through a lease agreement involving the MGM Northfield Park property in Ohio, further diversifying its tenant base in the gaming sector.
VICI Properties Inc. (NYSE: VICI) announced new agreements related to MGM Northfield Park in Northfield, Ohio, as MGM Resorts International sells the property’s operations to an affiliate of Clairvest Group Inc. Under the deal, VICI will enter a new 25-year lease with Clairvest, beginning with an initial annual base rent of $53 million (or $54 million if closing occurs after May 1, 2026) and including 2% annual rent escalations and renewal options. The transaction also includes an amendment to VICI’s existing master lease with MGM, reducing its annual rent by the same amount to reflect the property’s transfer.

With this agreement, VICI gains its 14th tenant, further diversifying its experiential real estate portfolio of gaming, hospitality, and entertainment properties. Clairvest, a leading private equity firm with more than $4.6 billion in assets under management and extensive experience in gaming investments, will operate Northfield Park. The transactions are expected to close in the first half of 2026, pending customary approvals.
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