{"schema_version":"secwatch.filing_event.v1","accession":"0001705696-22-000133","form_type":"8-K","ticker":"VICI","cik":"0001705696","company_name":"VICI PROPERTIES INC.","filed_at":"2022-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.774631+00:00","generated_at":"2026-06-21T02:36:20.453245+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"VICI Properties amends MGM master lease, reduces annual rent to $770M from $860M; enters new Mirage lease with Hard Rock","bullets":["MGM Master Lease Amendment executed December 19, 2022, reducing annual base rent from $860M to $770M.","Amendment follows MGM's sale of Mirage Hotel & Casino operations to an affiliate of Hard Rock International.","VICI concurrently entered a triple-net lease with Hard Rock for the Mirage land and real estate assets.","Mirage facility removed from MGM master lease; Hard Rock becomes tenant under new standalone lease.","MGM Resorts International remains guarantor for remaining 13 facilities under the amended master lease."],"urls":{"canonical":"https://secwatch.observer/filing/0001705696-22-000133","json":"https://secwatch.observer/filing/0001705696-22-000133.json","markdown":"https://secwatch.observer/filing/0001705696-22-000133.md","text":"https://secwatch.observer/filing/0001705696-22-000133.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705696/000170569622000133/0001705696-22-000133-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705696/000170569622000133/vici-20221219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:36:20.453245+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"208c67539c340e58df6577175146135d95d8c866","claim":"VICI PROPERTIES INC. entered into a lease with Hard Rock (effective 2022-12-19).","evidence_excerpt":"Concurrently therewith, the Company entered into a triple-net lease with Hard Rock related to the land and real estate assets of the Mirage.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705696/000170569622000133/0001705696-22-000133-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"Hard Rock"},{"label":"Effective","value":"2022-12-19"}],"fact_type":"material_agreement"},{"claim_id":"59145c2671e635cff0876762be0c2ff9793247dd","claim":"VICI PROPERTIES INC. amended MGM Master Lease Amendment with MGM Resorts International valued at $860 million to $770 million (effective 2022-12-19).","evidence_excerpt":"The MGM Master Lease Amendment provides for, among other things, MGM’s sale of the operations of the Mirage and reduces the annual base rent under the MGM Master Lease from $860 million to $770 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705696/000170569622000133/0001705696-22-000133-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"MGM Resorts International"},{"label":"Value","value":"$860 million to $770 million"},{"label":"Effective","value":"2022-12-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}