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.
PENN Entertainment reported Q3 2022 results, achieving $1.6 billion in revenue, a 7.5% year-over-year increase. Net income rose to $123.2 million with a net income margin of 7.6%, up from 5.7% in the prior year. Adjusted EBITDA reached $440.4 million, a 20.9% increase, while Adjusted EBITDAR decreased by 1.7% to $471.9 million, with a margin of 29.0%. The company continues to pursue growth through new land-based facilities and a strong omnichannel strategy, reaffirming its full-year guidance for revenue between $6.15 billion and $6.55 billion.
VICI Properties reported a strong third quarter for 2022, achieving total revenues of $751.5 million, a 100% increase year-over-year. Net income rose to $330.9 million or $0.34 per share. The company announced an 8.3% increase in its dividend to $0.39 per share and proceeded to acquire Rocky Gap Casino Resort for $203.9 million. VICI also expanded its partnership with Great Wolf Resorts through $186 million in loans. The updated AFFO guidance for 2022 is projected between $1,682 million and $1,692 million.
VICI Properties Inc. (NYSE: VICI) announced its CEO, Edward Pitoniak, discussed a new partnership with Canyon Ranch on CNBC’s “Mad Money” on October 18, 2022. This collaboration marks VICI's entry into the wellness sector, focusing on the development of Canyon Ranch Austin. VICI is known for its extensive portfolio of gaming and hospitality properties, including renowned venues like Caesars Palace and MGM Grand. The company aims to enhance its experiential real estate portfolio through strategic investments.
VICI Properties Inc. (NYSE: VICI) has announced a $200 million delayed draw term loan facility to fund the development of Canyon Ranch Austin, a new wellness resort in Austin, Texas. This investment positions VICI in the rapidly growing place-based wellness sector. The company holds a call right to acquire the real estate of Canyon Ranch Austin upon stabilization and options for properties in Tucson and Lenox should they become available. Canyon Ranch Austin is expected to welcome guests in 2025, adding to the existing wellness portfolio of Canyon Ranch.
VICI Properties Inc. (NYSE: VICI) announced plans to release its third quarter 2022 financial results on October 27, 2022, post-market. Following this, the company will host a conference call on October 28, 2022, at 9:00 a.m. ET. Interested investors can access the call via telephone or through an audio webcast on the company's website. VICI Properties, an S&P 500 real estate investment trust, owns a significant portfolio of gaming and hospitality properties, including iconic venues like Caesars Palace and the MGM Grand.
VICI Properties Inc. (NYSE: VICI) has entered a management agreement with CDN Golf Management Inc. to operate its four golf courses: Cascata, Rio Secco, Grand Bear, and Chariot Run. CDN will oversee all day-to-day operations, and VICI will retain ownership within its Taxable REIT Subsidiary. The agreement, effective October 1, 2022, spans 20 years with two renewal options. John Payne, COO of VICI, expressed confidence in CDN's management enhancing the courses and employee integration.
VICI Properties Inc. (NYSE: VICI) announced a mezzanine loan of up to
VICI Properties Inc. (NYSE: VICI) has declared a quarterly cash dividend of $0.39 per share, marking an 8.3% increase and representing an annualized amount of $1.56 per share. This dividend is payable on October 6, 2022 to shareholders of record as of September 22, 2022. This announcement signifies the company's fifth consecutive annual dividend increase since its formation, highlighting its commitment to returning value to shareholders.
VICI Properties Inc. has announced a definitive agreement to acquire Rocky Gap Casino Resort from Golden Entertainment for $260 million. The acquisition includes approximately $203.9 million for the property and $56.1 million for operating assets. This transaction will be instantly accretive, increasing annual rent by $15.5 million and extending the Century Master Lease by 15 years. The deal is expected to close mid-2023, pending regulatory approvals.
Golden Entertainment announced the sale of Rocky Gap Casino Resort for a total cash consideration of $260 million. Century Casinos will acquire operations for $56.1 million, while VICI Properties will purchase the land and buildings for $203.9 million. The deal reflects about 10x Adjusted Property EBITDA for the trailing twelve months ended June 30, 2022. Expected to close by mid-2023 pending regulatory approvals, this transaction aims to enhance Golden's focus on core markets and is seen as a strategic move to improve financial flexibility and shareholder value.
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