Form 10-Q · Quarterly report
Vici Properties 10-Q, filed Jul 29, 2026
- Filed
- CIK
- 0001705696
- Accession no.
- 0001705696-26-000090
Summary
Vici Properties reported second-quarter 2026 results, disclosing a 103-property experiential portfolio that was 100% leased as of June 30, 2026, with a weighted average lease term of about 39.6 years. The company closed the C$200.6 million Gamehost acquisition in Alberta on June 24, 2026, the $1.15 billion Golden Entertainment land acquisition on April 30, 2026, and agreed to fund a $55.2 million Club Med redevelopment of the Carambola Beach Resort in the U.S. Virgin Islands.
Key points
- Vici owned 103 experiential assets, including 63 gaming properties, across 26 states, one U.S. territory and Canada, with roughly 66,000 hotel rooms as of June 30, 2026.
- The Gamehost Portfolio, comprising Deerfoot Inn & Casino, Great Northern Casino and two adjacent hotels in Alberta, was added to the PURE Master Lease with annual rent increased by C$16.1 million.
- The Golden Portfolio covers seven casino properties, including The STRAT and Arizona Charlie's, under a 30-year master lease with initial annual rent of $87.0 million; former Golden Entertainment shareholders received about 24.3 million newly issued VICI shares at an exchange ratio of 0.902.
- Vici acquired the Carambola Beach Resort in the U.S. Virgin Islands for $20.3 million, with construction on Club Med's redevelopment expected to start in summer 2026 and a targeted reopening in the fourth quarter of 2027.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion OVERVIEW We are primarily engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple-net leases. We own 103 experiential assets across a geographically diverse portfolio consisting of 63 gaming properties and 40 other experiential properties across the United States and Canada, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort, three of the most iconic entertainment facilities on the Las Vegas Strip. …
An excerpt of the text as filed with the SEC, cut for length.
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