VICI Properties: What Vegas Tourism Declines Mean For Investors

Group 1 - Las Vegas has experienced a decline in visitor count for six consecutive months, with a 12% year-over-year decrease in July [1] Group 2 - The investment strategy focuses on acquiring companies with strong qualitative attributes at attractive prices based on fundamentals, with a long-term holding approach [2] - The portfolio management aims to avoid underperforming stocks while maximizing exposure to high-potential winners, often resulting in a 'Hold' rating for companies with limited growth opportunities or high downside risks [2]