
With a market cap of $34.2 billion, VICI Properties Inc. (VICI) is a real estate investment trust (REIT). Based in New York, the company 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.
Companies valued at $10 billion or more are generally described as “large-cap stocks,” and VICI Properties definitely fits that description. The REIT owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada.