---
schema_version: "secwatch.filing_event.v1"
accession: "0001705696-22-000110"
form_type: "8-K"
ticker: "VICI"
cik: "0001705696"
company_name: "VICI PROPERTIES INC."
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:14:57.451373+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# VICI Q2 AFFO up 68% to $430M; closes MGP acquisition, issues $5B notes

## Summary
- AFFO per share $0.48 (+3.7% YoY); net loss $(0.06)/share due to $551.9M CECL allowance increase.
- Total revenues $662.6M (+76% YoY); reaffirms FY2022 AFFO guidance of $1.66-1.69B ($1.89-1.92/share).
- Closed MGP acquisition on Apr 29, issuing 214.6M shares and paying $4.4B cash to MGM; new MGM Master Lease with initial annual rent $860M.
- Issued $5.0B inaugural investment-grade senior notes (weighted avg rate 5.00%) to fund MGP cash consideration and revolver paydown.
- Added to S&P 500 on June 8; quarterly dividend maintained at $0.36/share; new loans/agreements with Cabot and Great Wolf.

## SEC filing metadata
- accession: 0001705696-22-000110
- form_type: 8-K
- ticker: VICI
- cik: 0001705696
- company_name: VICI PROPERTIES INC.
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705696/000170569622000110/0001705696-22-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705696/000170569622000110/vici-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705696-22-000110
- JSON: https://secwatch.observer/filing/0001705696-22-000110.json
- Plain text: https://secwatch.observer/filing/0001705696-22-000110.txt

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