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Vegas Real Estate King VICI Hits Jackpot as Interest Rates Go All-In

Reading time: 1 min • Feb 27, 2025, 02:08 PM (UTC)

Key Points

  • VICI Properties combines the glitz of Las Vegas real estate ...

Ever wondered what happens when you mix the glitz of Las Vegas with the seemingly mundane world of real estate trusts? You get VICI Properties, the landlord that's making bank by letting others roll the dice.

High Roller Without the Hangover

While casino operators ride the emotional rollercoaster of wins and losses, VICI sits pretty collecting rent checks from some of Sin City's finest establishments. Even during the great shutdown of 2020, when slot machines went silent, VICI's tenants kept the rent flowing like an endless buffet line.

Show Me The Money, Honey

With a dividend yield ...

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