Form 10-Q · Quarterly report
Vici Properties 10-Q, filed Oct 28, 2026
- Filed
- CIK
- 0001705696
- Accession no.
- 0001705696-26-000120
Summary
Vici Properties reported in its quarterly filing that its portfolio of 103 experiential properties — 63 gaming and 40 other experiential assets — was 100% leased as of September 30, 2026, with a weighted-average lease term of about 39.4 years including extension options. The filing also detailed 2026 transactions, including the closing of its $1.15 billion acquisition of Golden Entertainment's seven-casino land portfolio in April, the C$200.6 million Gamehost portfolio acquisition in June, an agreement to lease the Century Canada Racinos to a Highfield subsidiary, and the acquisition with Club Med of the Carambola Beach Resort in St. Croix for redevelopment.
Key points
- Vici owns 103 experiential assets, including 63 gaming properties, across 26 states, one U.S. territory and Canada, with about 66,000 hotel rooms.
- The Gamehost Transaction closed on June 24, 2026 for C$200.6 million (about US$141.0 million), adding the portfolio to the PURE Master Lease with C$16.1 million in added annual rent.
- The Golden Entertainment transaction closed April 30, 2026 for $1.15 billion, with the operating business acquired by an entity owned by former Golden chairman and CEO Blake L. Sartini.
- Vici agreed to lease the Century Canada Racinos real property to a Highfield subsidiary under a new 20-year master lease with initial annual base rent of C$10.7 million, expected to close in the fourth quarter of 2026 or first 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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