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Vici Properties revenues improve, profit narrows

Vici Properties revenues improve, profit narrows

Photo: CDC Gaming Reports

Grossing $1.1 billion in the third quarter of 2026, Vici Properties grew its revenue by 5.8% percent, but profits plunged by 55.1% in the quarter to $342.5 million. Despite the tightened profit, the real estate investment trust (REIT) declared a 46-cent-per-share dividend on Wednesday, up 2.2 percent year over year, the ninth straight such increase. It also refinanced $1.8 billion in debt maturities by issuing new senior-grade notes. “Following a flurry of deal activity across the early stages of 2026, investment activity slowed across 3Q26, with emphasis on preemptively addressing its debt maturities,” Citizen analyst Mitch Germain wrote in a…

Source: CDC Gaming Reports

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