VICI Properties Inc. reported US$1.06 billion in revenue for the June 2026 quarter, topping Wall Street estimates while matching consensus earnings per share of US$0.62 and funds from operations expectations. Growth in golf-related revenues and other experiential segments underpinned the beat, highlighting momentum beyond the company's core casino properties. The recent acquisition of Deerfoot Inn & Casino and Great Northern Casino in Alberta reinforces VICI's strategy of adding gaming and experiential assets on long leases with inflation-linked escalators. The company's narrative projects US$4.5 billion in revenue and US$3.3 billion in earnings by 2029, requiring 3.6% annual revenue growth and an earnings increase of about US$0.2 billion from US$3.1 billion today. Four members of the Simply Wall St community currently see VICI's fair value between US$33.46 and US$51.37, a wide span that reflects differing views on the company's reliance on a concentrated group of major gaming tenants.
VICI Properties IncRevenue beat and maintained earnings/FFO expectations, with growth in golf and experiential segments, and strategic acquisitions in Alberta.