Welcome to our dedicated page for Vici Pptys news (Ticker: VICI), a resource for investors and traders seeking the latest updates and insights on Vici Pptys stock.
VICI Properties Inc. (NYSE: VICI) is an S&P 500 experiential real estate investment trust that regularly issues news on its gaming, hospitality and leisure real estate portfolio. Company updates often highlight its ownership of Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, along with a broader portfolio of 93 experiential assets across the United States and Canada.
On this page, readers can follow VICI news related to quarterly and annual financial results, dividend declarations, and portfolio transactions. Recent releases have covered third quarter 2025 results, updated adjusted funds from operations (AFFO) guidance, and announcements of regular quarterly cash dividends. VICI also uses news releases to communicate conference call and webcast details for its earnings presentations.
Another key category of VICI news involves investment and leasing activity. The company has announced agreements relating to MGM Northfield Park in Ohio, including a new triple-net lease with an affiliate of funds managed by Clairvest Group Inc. and an amendment to the MGM master lease. It has also disclosed a sale-leaseback transaction with Golden Entertainment, Inc. involving seven Nevada gaming assets, under which VICI will acquire the real estate and enter into a triple-net master lease with an entity that will own Golden’s operating business.
VICI also publishes updates on its corporate responsibility efforts, such as the release of its 2024–2025 Corporate Responsibility Report aligned with frameworks including SASB’s Real Estate Standard and TCFD guidelines. Investors and observers can use this news feed to review how VICI reports on its financial performance, portfolio growth, tenant diversification and corporate responsibility initiatives over time.
Caesars Entertainment and VICI Properties announced the completion of the sale of Bally's Atlantic City to Bally's Corporation for $25 million. The proceeds from the transaction are allocated 75% to VICI and 25% to Caesars. This transaction does not affect the annual base rent payments under the existing Regional Master Lease between the two companies, which remain unchanged. The deal reflects VICI's strategy to maintain a diversified real estate portfolio in the gaming sector.
VICI Properties reported robust financial results for Q3 2020, with total revenues soaring 52.6% year-over-year to $339.7 million. Net income attributable to common stockholders reached $398.3 million, or $0.74 per share. Funds from Operations (FFO) mirrored net income at $398.3 million, a significant increase from the previous year. Additionally, the company announced a quarterly cash dividend of $0.33 per share, marking a 10.9% increase. VICI also successfully completed $3.7 billion in acquisitions, including an $80 million loan to Chelsea Piers New York, demonstrating its strategic diversification.
VICI Properties announced the upcoming release of its Q3 2020 financial results, scheduled for October 28, 2020, after the market close. A conference call will follow on October 29, 2020, at 10:00 a.m. ET, accessible via registration. VICI Properties, a real estate investment trust, boasts a diverse portfolio of 30 gaming facilities and various hospitality venues, including the iconic Caesars Palace. Its properties support operators like Caesars and Hard Rock International, focusing on creating a high-quality experiential real estate portfolio.
VICI Properties has been recognized for its exceptional corporate governance, ranking second among America’s 669 largest corporations in an independent study by James Drury Partners. The Company’s Board of Directors also led the Financials Industry Sector, highlighting their governance capacity. The report assesses the combined business acumen and experience of board members to determine their capacity to govern effectively. James Abrahamson, Chair of the Board, expressed pride in this acknowledgment, emphasizing that the Board's diversity and experience contribute to long-term shareholder value.
Caesars Entertainment (NASDAQ: CZR) and VICI Properties (NYSE: VICI) have finalized the sale of Harrah's Reno Hotel and Casino for $41.5 million. The financial proceeds from the transaction are allocated 75% to VICI and 25% to Caesars. This sale will not affect the annual rent payments under the existing Regional Master Lease between the two companies. This move aligns with Caesars' strategy to optimize its portfolio while providing VICI with an opportunity to enhance its gaming and entertainment property holdings.
Caesars Entertainment and VICI Properties announced the successful sale of Harrah's Reno Hotel and Casino for $41.5 million to an affiliate of CAI Investments. The financial proceeds were allocated 75% to VICI and 25% to Caesars. Importantly, the annual rent payments under their existing Regional Master Lease will remain unchanged following this transaction. This strategic divestment reflects both companies' ongoing efforts to optimize their operational portfolios and maintain stable revenue streams.
On September 18, 2020, Caesars Entertainment (NASDAQ: CZR) announced a $400 million mortgage with VICI Properties (NYSE: VICI), secured by the CAESARS FORUM Conference Center in Las Vegas. The five-year mortgage carries an initial interest rate of 7.7% and permits prepayment starting in the third year. Concurrently, Caesars and VICI amended their existing Put-Call Right Agreement, accelerating VICI's call option to 2025. The conditionality regarding a potential land sale near The LINQ has been waived, and both parties are evaluating this land transaction.
Caesars Entertainment (CZR) and VICI Properties (VICI) have finalized agreements to sell Harrah's Louisiana Downs to Rubico Acquisition Corp. for $22 million. The proceeds will be distributed as $16.5 million to Caesars and $5.5 million to VICI, adjusted for cash and working capital. The deal is anticipated to close by early 2021, pending regulatory approvals. Importantly, annual base rent payments under the existing lease between Caesars and VICI will remain unchanged, indicating stability in their ongoing financial arrangements.