---
schema_version: "secwatch.filing_event.v1"
accession: "0001705696-21-000223"
form_type: "8-K"
ticker: "VICI"
cik: "0001705696"
company_name: "VICI PROPERTIES INC."
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:33:05.459078+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# VICI Q3 revenue up 10.6%, AFFO up 12.9%; announces $17.2B MGP acquisition; raises FY AFFO guidance

## Summary
- Total revenue $375.7M (+10.6% YoY); net income $161.9M ($0.28/share) vs $398.3M in Q3 2020 due to prior-year one-time gain.
- AFFO $257.4M (+12.9% YoY) or $0.45/share (+5.9% YoY); declared $0.36 quarterly dividend (+9.1% YoY).
- Announced $17.2B acquisition of MGM Growth Properties (MGP) expected H1 2022; adds $1.009B annualized rent.
- Updated FY2021 AFFO guidance to $1.040-$1.045B (from $1.010-$1.035B), per share $1.79-$1.80.
- Repaid $2.1B Term Loan B; completed $3.4B equity offering (115M shares at $29.50 per share).

## SEC filing metadata
- accession: 0001705696-21-000223
- form_type: 8-K
- ticker: VICI
- cik: 0001705696
- company_name: VICI PROPERTIES INC.
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705696/000170569621000223/0001705696-21-000223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705696/000170569621000223/vici-20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705696-21-000223
- JSON: https://secwatch.observer/filing/0001705696-21-000223.json
- Plain text: https://secwatch.observer/filing/0001705696-21-000223.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.