Based in New York, VICI Properties Inc. (VICI) is an experiential real estate investment trust that owns gaming, hospitality, entertainment, wellness, and leisure properties. It generates income by leasing these assets to leading operators under long-term agreements while pursuing strategic development, partnerships, and acquisitions. The company has a market capitalization of approximately $27.3 billion.
Companies worth between $10 billion and $200 billion are generally classified as “large-cap stocks,” and VICI Properties comfortably fits this category. Its substantial market capitalization reflects its size, influence, and established position within the diversified REIT industry. VICI Properties stands out by owning premium gaming real estate that casino operators depend on, including properties on the Las Vegas Strip. Its large scale, established relationships with major gaming operators, strong balance sheet, and positive AFFO growth support its position as a leading gaming REIT.
