| Market Capitalization (Millions $) |
27,000 |
| Shares
Outstanding (Millions) |
1,090 |
| Employees |
28 |
| Revenues (TTM) (Millions $) |
4,098 |
| Net Income (TTM) (Millions $) |
2,809 |
| Cash Flow (TTM) (Millions $) |
247 |
| Capital Exp. (TTM) (Millions $) |
165 |
Business Description
Vici Properties Inc. is a real estate investment trust (REIT) that specializes in owning, acquiring and leasing gaming, hospitality and entertainment properties. The company was formed in 2017 as a result of a spin-off from Caesars Entertainment Operating Company, Inc.
The company's portfolio consists of approximately 30 gaming, hospitality and entertainment properties located across the United States. Some of the properties in Vici's portfolio include Caesars Palace Las Vegas, Harrah's Las Vegas, Bally's Atlantic City, Harrah's New Orleans, and Horseshoe Cincinnati.
Vici Properties generates the majority of its revenue from leasing its properties to gaming and hospitality operators. The company offers long-term leases with annual rent escalators and also provides its tenants with the opportunity to purchase the properties at a future date.
Vici Properties has a unique business model that allows it to generate consistent cash flows and achieve consistent returns for investors. The company's properties are located in diverse markets across the country, which helps to mitigate risk and provide stability.
The company is headquartered in New York City and has a team of experienced professionals with expertise in real estate, finance, and gaming. Vici Properties is committed to maintaining a strong balance sheet and actively manages its capital structure to ensure that it has access to the capital it needs to pursue growth opportunities.
In conclusion, Vici Properties Inc. is a leading real estate investment trust that specializes in owning and leasing gaming, hospitality and entertainment properties. The company has a diverse portfolio of properties located across the United States and a unique business model that generates consistent cash flows and returns for investors.
Company Address: 535 Madison Avenue Zagreb 10022 City of Zagreb
Company Phone Number: 949-4631 Stock Exchange / Ticker: NYSE VICI
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