VICI Properties Inc. is a real estate investment trust (REIT) that owns a diverse portfolio of gaming, hospitality, and entertainment destinations, primarily leased to leading brands under long-term triple-net leases. The company's core business model focuses on generating stable and transparent cash flows through contractual rent escalations and strategic financing relationships. VICI's key markets include the Las Vegas Strip and other urban, destination, and regional markets across the US and Canada.