STOCK TITAN

VICI Properties Inc. Announces Support of Las Vegas Super Bowl Host Committee Charities

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
VICI Properties announces support for Las Vegas Super Bowl Host Committee Charities for Super Bowl LVIII in 2024
Positive
  • Hosting the Super Bowl is expected to generate hundreds of millions of dollars in economic activity
  • Supporting the charitable initiatives may improve the quality of life for Nevada residents
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”), an experiential real estate investment trust, today announced its support of the Las Vegas Super Bowl Host Committee Charities, a 501(c)(3) organization (“Las Vegas Host Committee Charities”), in connection with Super Bowl LVIII to be hosted at Allegiant Stadium in Las Vegas, Nevada in February 2024. Leading up to and beyond Super Bowl LVIII, the mission of Las Vegas Host Committee Charities is to improve the quality of life of Nevada residents through community affairs programs, initiatives and legacy projects.

John Payne, President and Chief Operating Officer of VICI Properties, said, “We are thrilled to serve as a partner in advancing the charitable initiatives that support bringing the Super Bowl to Las Vegas for the first time in 2024. Hosting the Super Bowl is expected to generate hundreds of millions of dollars in economic activity and will cement Las Vegas’ track record as the premier city for large-scale sporting and cultural events in the United States.”

Cameron Lewis, Vice President and Associate General Counsel of VICI Properties, said, “Along with many other philanthropic sponsors and through the NFL’s matching commitment, VICI’s contribution will help provide millions of dollars in financial support for local and regional non-profit organizations, furthering our commitment to social responsibility and our stakeholders, including communities such as Las Vegas in which we own and lease properties.”

About VICI Properties

VICI Properties Inc. is an S&P 500® experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties’ geographically diverse portfolio consists of 54 gaming facilities across the United States and Canada comprising approximately 124 million square feet and features approximately 60,300 hotel rooms and more than 450 restaurants, bars, nightclubs and sportsbooks. Its properties are occupied by industry leading gaming and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of investing and financing partnerships with leading non-gaming experiential operators, including Great Wolf Resorts, Cabot, Canyon Ranch and Chelsea Piers. VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties’ goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. For additional information, please visit www.viciproperties.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICI’s control and could materially affect actual results, performance, or achievements. Important risk factors that may affect VICI’s business, results of operations and financial position are detailed from time to time in VICI’s filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

Investors:

Investors@viciproperties.com

(646) 949-4631

ESG@viciproperties.com

Or

David Kieske

EVP, Chief Financial Officer

DKieske@viciproperties.com

Moira McCloskey

SVP, Capital Markets

MMcCloskey@viciproperties.com

Source: VICI Properties Inc.

VICI Properties Inc.

NYSE:VICI

VICI Rankings

VICI Latest News

VICI Stock Data

33.02B
1.05B
0.25%
98.9%
2.28%
REIT - Diversified
Real Estate Investment Trusts
Link
United States of America
NEW YORK