2024-06-03 06:41:09 ET
Summary
- VICI Properties is a REIT focused on gaming and entertainment properties, largely in Las Vegas.
- The company has a short but successful history, consistently paying dividends and experiencing growth in its cash flows, even throughout COVID.
- Long-term leases and significant property improvements by its tenants contribute to its strong outlook.
VICI Properties ( VICI ) is a REIT focused on gaming and entertainment properties. It's an interesting one as well because its share price hasn't really been beaten down in the aftermath of interest rate hikes and looming concerns about the state of commercial real estate....
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VICI Properties: Not A Gamble To Buy This