VICI Properties Ups 2025 Guidance on Strong Leisure Portfolio

 

VICI Properties, a leading real estate investment trust (REIT) focused on experiential assets, raised the lower end of its 2025 adjusted funds from operations (FFO) forecast, supported by steady income growth from its diverse portfolio.

 

The company operates a sale-leaseback model, acquiring existing real estate and leasing it back to operators, ensuring consistent rental income. Its properties include iconic casinos such as Caesars Palace and MGM Grand in Las Vegas landmarks that continue to benefit from consumers’ growing preference for experiences over physical goods.

 

Beyond casinos, VICI has been expanding into a broader range of leisure and entertainment properties, including wellness resorts, bowling alleys, golf courses, and indoor water parks, reflecting its strategy to capture long-term growth in the experience economy.

 

For the third quarter ended September 30, the company reported an adjusted FFO of 60 cents per share, slightly ahead of analysts’ expectations of 59 cents, according to LSEG data. Quarterly revenue reached $1 billion, a 4.4% rise from a year earlier, in line with market estimates.

 

Also Read: Top 10 Global Getaways Where Indian Rupee Goes the Extra Mile

VICI now expects its full-year adjusted FFO to range between $2.36 and $2.37 per share, compared with its earlier outlook of $2.35 to $2.37, signaling continued confidence in its investment strategy.