```markdown [Explanatory Note](index=3&type=section&id=Explanatory%20Note) [Explanatory Note](index=3&type=section&id=Explanatory%20Note) This report combines the quarterly filings for VICI Properties Inc., a Real Estate Investment Trust (REIT), and its operating partnership, VICI Properties L.P., providing a holistic view as management operates them as a single enterprise - This is a combined quarterly report for VICI Properties Inc. (a REIT) and VICI Properties L.P. (the operating partnership)[7](index=7&type=chunk) - VICI Properties Inc. is the sole owner of the general partner of VICI L.P. and owns approximately **98.9%** of the operating partnership units (VICI OP Units) as of June 30, 2025[9](index=9&type=chunk) - The primary differences in the consolidated financial statements between VICI Inc. and VICI L.P. are in cash and cash equivalents, stockholders' equity/partners' capital, non-controlling interests, and golf operations[17](index=17&type=chunk) [PART I. FINANCIAL INFORMATION](index=7&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Financial Statements](index=7&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited consolidated financial statements for both VICI Properties Inc. and VICI Properties L.P. for the three and six months ended June 30, 2025, including balance sheets, statements of operations, and cash flows, followed by detailed notes [Financial Statements of VICI Properties Inc. (Unaudited)](index=7&type=section&id=Financial%20Statements%20of%20VICI%20Properties%20Inc.%20(Unaudited)) For the six months ended June 30, 2025, VICI Properties Inc. reported total revenues of **$1.99 billion** and net income attributable to common stockholders of **$1.41 billion**, or **$1.33** per diluted share, with total assets at **$46.05 billion** and total debt of **$16.92 billion** VICI Properties Inc. - Key Financials (Q2 2025 vs Q2 2024) | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Total Revenues | $1,001.3M | $957.0M | | Net Income Attributable to Common Stockholders | $865.1M | $741.3M | | Diluted EPS | $0.82 | $0.71 | VICI Properties Inc. - Key Financials (Six Months Ended June 30) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Total Revenues | $1,985.5M | $1,908.5M | | Net Income Attributable to Common Stockholders | $1,408.7M | $1,331.3M | | Diluted EPS | $1.33 | $1.28 | VICI Properties Inc. - Balance Sheet Summary | Metric | June 30, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | Total Assets | $46,054.0M | $45,368.9M | | Debt, net | $16,922.3M | $16,732.9M | | Total Stockholders' Equity | $27,444.1M | $26,951.8M | [Financial Statements of VICI Properties L.P. (Unaudited)](index=13&type=section&id=Financial%20Statements%20of%20VICI%20Properties%20L.P.%20(Unaudited)) For the six months ended June 30, 2025, VICI Properties L.P. reported total revenues of **$1.96 billion** and net income attributable to partners of **$1.42 billion**, with total assets of **$45.97 billion** VICI Properties L.P. - Key Financials (Q2 2025 vs Q2 2024) | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Total Revenues | $990.1M | $945.3M | | Net Income Attributable to Partners | $871.9M | $746.2M | | Diluted EPU | $0.82 | $0.71 | VICI Properties L.P. - Balance Sheet Summary | Metric | June 30, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | Total Assets | $45,967.5M | $45,285.8M | | Debt, net | $16,922.3M | $16,732.9M | | Total Partners' Capital | $27,372.4M | $26,884.9M | [Notes to Consolidated Financial Statements](index=19&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail accounting policies, significant activities including new debt investments and a **$2.5 billion** credit facility, and the company's business of owning **93** experiential assets with significant tenant concentration - The company owns **93** experiential assets, including **54** gaming properties and **39** other properties, leased to leading brands under long-term triple-net leases[53](index=53&type=chunk) - Significant tenant concentration exists with MGM and Caesars, who represented **38%** and **36%** of lease revenues, respectively, for the first six months of 2025, with Las Vegas Strip properties generating **49%** of lease revenues[95](index=95&type=chunk)[96](index=96&type=chunk) - In H1 2025, the company made new real estate debt investments, including a **$450 million** mezzanine loan for the One Beverly Hills development and a commitment of up to **$510 million** for the North Fork Casino & Resort development[102](index=102&type=chunk)[103](index=103&type=chunk)[105](index=105&type=chunk) Allowance for Credit Losses (CECL) | Category | Amortized Cost (Jun 30, 2025) | Allowance (Jun 30, 2025) | | :--- | :--- | :--- | | Investments in leases – sales-type | $24,504.5M | $(817.6)M | | Investments in leases – financing receivables | $19,329.2M | $(751.6)M | | Investments in loans and securities | $2,409.8M | $(40.8)M | | **Total (selected)** | **$46,243.5M** | **$(1,610.0)M** | - In February 2025, the company entered into a new **$2.5 billion** revolving credit facility maturing in 2029, replacing its previous facility, and in April 2025, it issued **$1.3 billion** in senior unsecured notes to redeem debt maturing in 2025[145](index=145&type=chunk)[151](index=151&type=chunk) - Dividends declared increased to **$0.4325** per share for Q1 and Q2 2025, up from **$0.4150** per share in the corresponding quarters of 2024[187](index=187&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=47&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's performance, highlighting revenue growth driven by rent escalations and new investments, with Q2 2025 total revenues rising to **$1.0 billion** and net income increasing to **$865.1 million**, maintaining strong liquidity of over **$3.0 billion** Q2 2025 vs Q2 2024 Operating Results | Metric (in thousands) | Q2 2025 | Q2 2024 | Variance | | :--- | :--- | :--- | :--- | | Total Revenues | $1,001,334 | $957,003 | $44,331 | | Change in allowance for credit losses | $(142,001) | $(43,000) | $(99,001) | | Net income attributable to common stockholders | $865,079 | $741,302 | $123,777 | - Revenue growth in 2025 was primarily driven by incremental rent from the Venetian Capital Investment and annual rent escalators from other lease agreements[217](index=217&type=chunk) Non-GAAP Financial Measures (Q2 2025 vs Q2 2024) | Metric (in thousands) | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | FFO attributable to common stockholders | $865,079 | $741,302 | | AFFO attributable to common stockholders | $630,178 | $592,425 | | Adjusted EBITDA attributable to common stockholders | $822,239 | $775,873 | - As of June 30, 2025, the company had total liquidity of approximately **$3.0 billion**, including **$233 million** in cash, **$2.18 billion** in revolver capacity, and **$621.5 million** available from forward sale agreements[237](index=237&type=chunk) - The company has total contractual commitments of **$23.9 billion**, with no long-term debt maturing in the next twelve months[246](index=246&type=chunk)[244](index=244&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=61&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risks are interest rate, capital markets, and foreign currency risk, with interest rate risk largely mitigated by **98.1%** fixed-rate debt and foreign currency risk managed through natural hedges - As of June 30, 2025, **98.1%** of the company's **$17.3 billion** in debt is fixed-rate, significantly limiting exposure to interest rate fluctuations[263](index=263&type=chunk) - A **1%** change in interest rates on the variable-rate portion of debt would impact annual cash interest expense by approximately **$3.2 million**[263](index=263&type=chunk) - Foreign currency risk is primarily managed by borrowing in the currencies in which the company invests (e.g., CAD, GBP), creating a natural hedge[266](index=266&type=chunk) [Controls and Procedures](index=62&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures for both VICI Properties Inc. and VICI Properties L.P. were effective as of June 30, 2025, with no material changes to internal control over financial reporting during the quarter - Management concluded that disclosure controls and procedures for both VICI Properties Inc. and VICI Properties L.P. were effective as of June 30, 2025[268](index=268&type=chunk)[271](index=271&type=chunk) - No material changes in internal control over financial reporting occurred during the three months ended June 30, 2025[269](index=269&type=chunk)[272](index=272&type=chunk) [PART II. OTHER INFORMATION](index=63&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=63&type=section&id=Item%201.%20Legal%20Proceedings) The company states that as of June 30, 2025, it is not involved in any litigation that it believes could have a material adverse effect on its business, financial condition, or results of operations - As of June 30, 2025, the company is not subject to any material litigation[170](index=170&type=chunk)[273](index=273&type=chunk) [Risk Factors](index=63&type=section&id=Item%201A.%20Risk%20Factors) This section incorporates by reference the risk factors disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2024, confirming no material changes during the six months ended June 30, 2025 - There have been no material changes to the risk factors previously disclosed in the 2024 Annual Report on Form 10-K[274](index=274&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=63&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q2 2025, VICI Properties Inc. repurchased **1,360** shares of its common stock at an average price of **$31.71** to satisfy tax withholding obligations related to stock award vesting, while VICI Properties L.P. made no repurchases VICI Properties Inc. Equity Repurchases (Q2 2025) | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | June 1 - June 30, 2025 | 1,360 | $31.71 | | **Total Q2 2025** | **1,360** | **$31.71** | - The repurchased shares were surrendered by employees to satisfy statutory minimum tax obligations on vested stock awards[277](index=277&type=chunk) [Defaults Upon Senior Securities](index=63&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon its senior securities during the period - None[279](index=279&type=chunk) [Mine Safety Disclosures](index=63&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company's operations - Not applicable[280](index=280&type=chunk) [Other Information](index=65&type=section&id=Item%205.%20Other%20Information) The company disclosed that no director or officer adopted or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the second quarter of 2025 - No director or officer of the Company adopted or terminated a Rule 10b5-1 trading arrangement during Q2 2025[281](index=281&type=chunk) [Exhibits](index=65&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including supplemental indentures, lease amendments, and required certifications by the Principal Executive Officer and Principal Financial Officer - Filed exhibits include documents related to recent debt offerings, lease amendments, and officer certifications[282](index=282&type=chunk) ```

[Q2 2025 Performance Overview](index=1&type=section&id=Q2%202025%20Performance%20Overview) VICI reported strong Q2 2025 results with a 4.6% year-over-year revenue increase and a 4.9% rise in AFFO per share, leading to raised full-year 2025 AFFO guidance [CEO Comments and Q2 2025 Highlights](index=1&type=section&id=CEO%20Comments%20and%20Q2%202025%20Highlights) VICI reported strong Q2 2025 results with a 4.6% year-over-year revenue increase and a 4.9% rise in AFFO per share, driven by strategic investments and debt refinancing Q2 2025 Financial Highlights (YoY) | Metric | Q2 2025 | YoY Change | | :--- | :--- | :--- | | Total Revenues | $1.0 billion | +4.6% | | Net Income Attributable to Common Stockholders | $865.1 million | +16.7% | | Net Income per Share | $0.82 | +15.1% | | AFFO Attributable to Common Stockholders | $630.2 million | +6.4% | | AFFO per Share | $0.60 | +4.9% | - Key strategic activities for the quarter included: - A new partnership with Red Rock Resorts to provide up to **$510.0 million** in development funding for the North Fork Mono Casino & Resort - An increased investment of **$150.0 million** in the One Beverly Hills development, bringing the total commitment to **$450.0 million** - Issuance of **$1.3 billion** in senior unsecured notes to refinance existing debt - Raised full-year 2025 AFFO guidance[4](index=4&type=chunk) - The CEO highlighted that the company's performance reflects the efficient flow-through of its business model, driven by contractual rent escalations and investment activity[3](index=3&type=chunk) [Financial Performance](index=2&type=section&id=Financial%20Performance) The company demonstrated robust financial growth in Q2 2025, with significant increases in total revenues, net income, and AFFO [Q2 2025 Financial Results](index=2&type=section&id=Second%20Quarter%202025%20Financial%20Results) For Q2 2025, total revenues grew 4.6% YoY to $1.0 billion, with net income increasing 16.7% to $865.1 million, and AFFO rising 6.4% to $630.2 million Q2 2025 vs Q2 2024 Key Financial Metrics | Metric | Q2 2025 | Q2 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Total Revenues | $1.0 billion | $957.0 million | +4.6% | | Net Income Attributable to Common Stockholders | $865.1 million | $741.3 million | +16.7% | | FFO Attributable to Common Stockholders | $865.1 million | $741.3 million | +16.7% | | AFFO Attributable to Common Stockholders | $630.2 million | $592.4 million | +6.4% | [Consolidated Financial Statements](index=10&type=section&id=Consolidated%20Financial%20Statements) The consolidated financial statements provide a detailed view of the company's financial position and performance, including total assets, revenues, and a reconciliation to non-GAAP measures Consolidated Balance Sheet Summary (As of June 30, 2025) | Category | Amount (in thousands) | | :--- | :--- | | Total Assets | $46,054,023 | | Total Liabilities | $18,609,911 | | Total Stockholders' Equity | $27,444,112 | Consolidated Statement of Operations Summary (Three Months Ended June 30, 2025) | Category | Amount (in thousands) | | :--- | :--- | | Total Revenues | $1,001,334 | | Total Operating Expenses | $(93,110) | | Net Income | $878,368 | | Net Income Attributable to Common Stockholders | $865,079 | Reconciliation of Net Income to AFFO (Three Months Ended June 30, 2025) | Category | Amount (in thousands) | | :--- | :--- | | Net income attributable to common stockholders | $865,079 | | Adjustments (e.g., non-cash items) | $(234,901) | | **AFFO attributable to common stockholders** | **$630,178** | [Business and Capital Activities](index=2&type=section&id=Business%20and%20Capital%20Activities) VICI engaged in significant investment and capital market activities, including new development funding, increased existing investments, and strategic debt refinancing [Investment Activity](index=2&type=section&id=Second%20Quarter%202025%20Investment%20Activity) During the quarter, VICI committed to providing up to $510.0 million in a term loan for the North Fork Mono Casino & Resort and increased its mezzanine loan investment in One Beverly Hills by $150.0 million - Committed up to **$510.0 million** via a delayed draw term loan facility for the development of the North Fork Mono Casino & Resort, managed by affiliates of Red Rock Resorts[9](index=9&type=chunk) - Increased its mezzanine loan investment in the One Beverly Hills development by **$150.0 million**, raising the total commitment to **$450.0 million**[10](index=10&type=chunk)[11](index=11&type=chunk) [Capital Markets Activity](index=3&type=section&id=Second%20Quarter%202025%20and%20Subsequent%20Capital%20Markets%20Activity) In April 2025, VICI issued $1.3 billion in senior unsecured notes to refinance maturing debt and subsequently settled a forward sale agreement for $296.0 million in net proceeds - Issued **$1.3 billion** of senior unsecured notes in April 2025, comprised of **$400.0 million** due 2028 and **$900.0 million** due 2035, to redeem notes maturing in 2025[12](index=12&type=chunk) - Subsequent to quarter-end, the company settled a forward sale agreement for ~**$296.0 million** in net proceeds and repaid **$175.0 million** of the outstanding balance on its revolving credit facility[13](index=13&type=chunk) [Balance Sheet and Liquidity](index=4&type=section&id=Balance%20Sheet%20and%20Liquidity) As of June 30, 2025, VICI maintained strong liquidity of approximately $3.0 billion, with total debt of $17.3 billion and net debt of $17.04 billion - Total liquidity was approximately **$3.0 billion** as of June 30, 2025, consisting of cash, available forward sale proceeds, and revolving credit facility availability[15](index=15&type=chunk) Debt and Liquidity Summary (As of June 30, 2025) | Item | Amount ($ in millions) | | :--- | :--- | | Total Debt Outstanding | $17,273.5 | | Cash and Cash Equivalents | $233.0 | | **Net Debt** | **$17,040.5** | [Shareholder Information and Outlook](index=5&type=section&id=Shareholder%20Information%20and%20Outlook) VICI declared a quarterly cash dividend and raised its full-year 2025 AFFO guidance, reflecting positive future expectations [Dividends](index=5&type=section&id=Dividends) The company declared a regular quarterly cash dividend of $0.4325 per share for Q2 2025, totaling approximately $456.9 million - On June 5, 2025, the company declared a Q2 2025 quarterly cash dividend of **$0.4325 per share**, totaling approximately **$456.9 million**[18](index=18&type=chunk) [Full Year 2025 Guidance](index=5&type=section&id=2025%20Guidance) VICI raised its full-year 2025 Adjusted Funds From Operations (AFFO) guidance to between $2,500 million and $2,520 million, or $2.35 to $2.37 per share Updated Full-Year 2025 Guidance | Metric | Updated Guidance | Prior Guidance | | :--- | :--- | :--- | | Estimated AFFO (in millions) | $2,500 - $2,520 | $2,470 - $2,500 | | Estimated AFFO per diluted share | $2.35 - $2.37 | $2.33 - $2.36 | - The company does not provide guidance for GAAP net income, the most comparable GAAP measure, due to the inability to reliably predict the non-cash change in allowance for credit losses[19](index=19&type=chunk) [Appendix](index=6&type=section&id=Appendix) The appendix provides supplemental company information, including corporate overview, earnings call details, and definitions of non-GAAP financial measures [Company Information and Disclosures](index=6&type=section&id=Company%20Information%20and%20Disclosures) This section provides supplemental information, including details for the upcoming earnings conference call, a corporate overview of VICI's extensive experiential real estate portfolio, and standard forward-looking statement disclaimers - VICI Properties is an S&P 500® experiential REIT owning **93 assets**, including **54 gaming properties** and **39 other experiential properties** across the US and Canada[25](index=25&type=chunk) - An earnings conference call is scheduled for Thursday, July 31, 2025, at 10:00 a.m. Eastern Time[23](index=23&type=chunk) - The press release contains forward-looking statements that involve known and unknown risks and uncertainties, and actual results could differ materially[26](index=26&type=chunk)[27](index=27&type=chunk)[29](index=29&type=chunk) [Non-GAAP Financial Measures](index=8&type=section&id=Non-GAAP%20Financial%20Measures) The company uses non-GAAP measures like FFO, AFFO, and Adjusted EBITDA to provide a meaningful perspective on its underlying operating performance, with clear definitions provided - FFO is defined consistent with Nareit's definition, excluding items like real estate-related depreciation and amortization and gains/losses from sales of certain real estate assets[31](index=31&type=chunk) - AFFO is calculated by adjusting FFO for non-cash items, including leasing and financing adjustments, stock-based compensation, and transaction costs[32](index=32&type=chunk) - Adjusted EBITDA is calculated by adjusting AFFO for net interest expense, current income tax expense, and certain adjustments attributable to non-controlling interests[33](index=33&type=chunk)

These two real estate investment trusts will let you sleep well at night. Over time, dividends have become a smaller and smaller part of the stock market's total return, with the S&P 500 boasting an average yield of just 1.22% today, compared to 7.44% in 1950. That said, some companies still offer fat, consistently growing payouts, just like the good old days. Let's explore some reasons why Realty Income (O -1.76%) and Vici Properties (VICI -2.58%) could make fantastic long-term picks. Realty Income Corpora ...

Core Viewpoint - VICI Properties Inc. is expected to report growth in revenues and adjusted funds from operations (AFFO) per share for the second quarter of 2025, with a consensus estimate of 60 cents per share, reflecting a 5.26% increase from the previous year [1][7]. Group 1: Financial Performance - The Zacks Consensus Estimate for quarterly revenues is projected at $996.07 million, indicating a 4.08% growth compared to the same quarter last year [4][9]. - The income from sales-type leases is estimated at $530.83 million, showing an increase from both the previous quarter and the year-ago quarter [5]. - Income from lease financing receivables and loans is expected to reach $436.44 million, up from $426.48 million in the previous quarter and $413.74 million in the year-ago period [5]. Group 2: Market Dynamics - The performance of VICI Properties in the second quarter is anticipated to be positively influenced by the resurgence in demand for its gaming and hospitality venues [2][3]. - Strong partnerships with top-tier experiential operators and long-term triple-net leases are likely to contribute to stable revenue generation [3][9]. - The company has diversified its portfolio beyond gaming, including investments in non-gaming experiential assets like Chelsea Piers and Bowlero, which supports its growth strategy [4][9]. Group 3: Analyst Sentiment - Analysts have shown confidence in VICI's performance, as the consensus estimate for AFFO per share has been revised upward by one cent over the past month [7]. - The company currently has an Earnings ESP of +15.43% and a Zacks Rank of 3, indicating a potential for an earnings surprise [10].

Company Performance - VICI Properties Inc. closed at $33.45, reflecting a +2.14% increase from the previous day, outperforming the S&P 500's gain of 0.06% [1] - Over the past month, VICI shares experienced a loss of 0.18%, underperforming the Finance sector's gain of 4.07% and the S&P 500's gain of 5.88% [1] Upcoming Earnings Report - The company is set to release its earnings on July 30, 2025, with an expected EPS of $0.6, indicating a 5.26% increase from the same quarter last year [2] - Revenue is forecasted to be $996.07 million, representing a 4.08% increase compared to the same quarter of the previous year [2] Full Year Estimates - Analysts expect VICI to report earnings of $2.38 per share and revenue of $3.99 billion for the full year, marking changes of +5.31% and +3.55% respectively from the previous year [3] Analyst Estimates and Outlook - Recent changes to analyst estimates for VICI reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] - Empirical research shows a correlation between estimate revisions and stock price performance, leading to the formation of the Zacks Rank system [5] Zacks Rank and Valuation - VICI currently holds a Zacks Rank of 3 (Hold), with a consensus EPS projection that has increased by 1.22% in the past 30 days [6] - The company has a Forward P/E ratio of 13.78, which is higher than the industry average of 11.18, indicating it is trading at a premium [7] PEG Ratio and Industry Context - VICI has a PEG ratio of 4.2, compared to the industry average of 2.42, suggesting a higher valuation relative to expected earnings growth [8] - The REIT and Equity Trust - Other industry, which includes VICI, has a Zacks Industry Rank of 156, placing it in the bottom 37% of over 250 industries [9]

Remote work and downsizing are long-term challenges for real estate investment trusts (REITs) that own office space. But Vici is different. Vici is an "experiential" focused REIT that owns some of the most recognizable casino resorts and other trophy properties in the world, including Caesars Palace, MGM Grand, The Venetian, and Chelsea Piers, to name just a few of the 90-plus holdings. The focus on trophy properties has many advantages. First, they are extremely difficult to replace. Building a strip mall ...

Group 1 - VICI Properties is a REIT focused on gaming and hospitality properties, formed from the Caesars private equity deal and subsequent bankruptcy, and has one of the largest portfolios of leisure assets [1] - The analyst emphasizes a strategy of identifying undervalued and disliked companies or industries with strong fundamentals and good cash flows, particularly in sectors like Oil & Gas and consumer goods [1] - The analyst expresses a preference for long-term value investing while also engaging in deal arbitrage opportunities, citing examples such as Microsoft/Activision Blizzard and Spirit Airlines/Jetblue [1] Group 2 - The analyst does not hold any stock or derivative positions in the companies mentioned and has no plans to initiate any positions within the next 72 hours [2] - The article reflects the analyst's personal opinions and is not compensated for it, aside from Seeking Alpha [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [3]

Core Insights - VICI Properties (VICI) demonstrates strong stability in share prices within the REITs sector, although its yield is not significantly higher than that of money markets and treasuries [1] Group 1: Company Overview - VICI Properties is positioned in the experiential real estate sector, which is gaining interest due to its stability and potential for growth [1]

Core Insights - The Motley Fool aims to enhance the financial literacy and well-being of individuals by providing investment solutions and market analysis [1] Company Overview - Founded in 1993, The Motley Fool is a financial services company focused on making the world smarter, happier, and richer [1] - The company reaches millions of people monthly through various platforms, including premium investing solutions, free guidance, and market analysis on Fool.com [1] - The Motley Fool also produces top-rated podcasts and operates a non-profit organization, The Motley Fool Foundation [1]

Core Insights - The search for the best dividend picks is complex due to the overwhelming variety of investment options available in the market [1] Group 1: Investment Focus - The emphasis is on sectors such as AI, fintech, finance, and technology for long-term growth opportunities [1] - The analysis includes business models, earnings performance, and competitive positioning of publicly traded companies [1] Group 2: Research and Analysis - The company engages in equity research, financial modeling, and investment content creation to provide insights [1] - A finance-focused YouTube channel named "The Market Monkeys" is utilized to share investment strategies and market trends [1] Group 3: Contribution to Investment Community - The goal is to offer clear and unbiased insights into companies' strengths, risks, and valuations to assist investors in forming their own opinions and strategies [1]