---
schema_version: "secwatch.filing_event.v1"
accession: "0001705696-22-000045"
form_type: "8-K"
ticker: "VICI"
cik: "0001705696"
company_name: "VICI PROPERTIES INC."
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:33:42.845140+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# VICI Q4 AFFO up 11%; completes $4B Venetian acquisition; guides FY2022 AFFO $1.80-1.84

## Summary
- Q4 total revenues $383.2M (+2.7% YoY); AFFO $278.9M (+10.8% YoY); AFFO per share $0.44 (vs $0.46 YoY due to dilution).
- Full-year 2021 revenues $1.51B (+23.2% YoY); AFFO $1.047B (+25.3%); AFFO per share $1.82 (+11% YoY).
- Completed $4.0B acquisition of The Venetian Resort Las Vegas on Feb 23, 2022, financed with cash and equity.
- Preliminary 2022 AFFO guidance: $1.317B-$1.347B, or $1.80-$1.84 per diluted share, excluding pending MGP deal.
- Quarterly dividend increased 9.1% to $0.36 per share; paid Q4 2021 dividend on Jan 6, 2022.

## SEC filing metadata
- accession: 0001705696-22-000045
- form_type: 8-K
- ticker: VICI
- cik: 0001705696
- company_name: VICI PROPERTIES INC.
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705696/000170569622000045/0001705696-22-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705696/000170569622000045/vici-20220223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705696-22-000045
- JSON: https://secwatch.observer/filing/0001705696-22-000045.json
- Plain text: https://secwatch.observer/filing/0001705696-22-000045.txt

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