New York-based VICI Properties Inc. (VICI) operates as a REIT, engaged in owning, acquiring, and developing gaming, hospitality, and entertainment destinations. With a market cap of approximately $32 billion, VICI owns one of the largest portfolios of market-leading leisure destinations, including Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas.
Despite its strengths, the stock has notably underperformed the broader market. VICI stock prices have gained a modest 2.7% on a YTD basis and declined 7.5% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 16.3% gains in 2025 and 17.7% surge over the past year.
