Own The Casino With VICI Properties
70 years ago, you needed to be a ruthless mob boss if you wanted to own a casino in Las Vegas.
Today, you need Robinhood and $30.
That’s all it takes to become a part-owner in some of Sin City’s most iconic hotels, golf courses, and resorts.
In this article, we’ll look at VICI Properties ($VICI). This is a high-yield real estate investment trust focused on gaming and experiential properties throughout the United States and Canada.
VICI owns some of the most desirable properties in Las Vegas; multiple championship golf courses; and over 500 bars, restaurants, and nightclubs.
What Does VICI Properties Do?
VICI Properties is a real estate investment trust (REIT), that owns the properties and physical buildings where many casinos and entertainment venues are located.
In other words, VICI Properties is the casino’s landlord.
Some of the properties VICI owns include: Caesars Palace, MGM Grand, and the Venetian Resort.
The company also owns several popular golf courses and golf resorts. Their Cascata…
