VICI Properties Inc. (VICI) is an 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. The company is valued at $31.3 billion by market cap.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and VICI perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the REIT - diversified industry. VICI's strengths include its portfolio of 54 gaming properties and 39 experiential assets, including iconic venues like Caesars Palace. Its long-term triple net leases provide stable, low-risk revenue.
