{"schema_version":"secwatch.filing_event.v1","accession":"0001705696-23-000071","form_type":"8-K","ticker":"VICI","cik":"0001705696","company_name":"VICI PROPERTIES INC.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.131114+00:00","generated_at":"2026-06-16T05:09:09.922258+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"VICI Q1 revenue $877.6M (+110.7% YoY), AFFO $0.53, closes $1.3B MGM Grand JV buyout","bullets":["Net income $518.7M ($0.52 EPS), up 115.8% YoY; AFFO $528.6M ($0.53) up 73%.","Acquired four Canadian casinos from PURE for C$271.9M; master lease at 8.0% cap rate.","Bought remaining 49.9% of MGM Grand/Mandalay Bay JV for $1.3B cash plus debt assumption.","Entered triple-net lease with Cherokee Nation for Gold Strike Casino at $40M annual rent.","Reaffirmed full-year 2023 AFFO guidance; dividend $0.39/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001705696-23-000071","json":"https://secwatch.observer/filing/0001705696-23-000071.json","markdown":"https://secwatch.observer/filing/0001705696-23-000071.md","text":"https://secwatch.observer/filing/0001705696-23-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705696/000170569623000071/0001705696-23-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705696/000170569623000071/vici-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:09:09.922258+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":"2133014a49bcd8fa66566729ca495bbbb7a160cb","claim":"VICI PROPERTIES INC. reported the quarter ended March 31, 2023 results: revenue $877.6 million, net income $518.7 million, EPS $0.52. Guidance reaffirmed.","evidence_excerpt":"First Quarter 2023 Financial and Operating Highlights • Total revenues increased 110.7% year-over-year to $877.6 million • Net income attributable to common stockholders increased 115.8% year-over-year to $518.7 million and, on a per share basis, increased 47.9% year-over-year to $0.52","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705696/000170569623000071/0001705696-23-000071-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$877.6 million"},{"label":"Net income","value":"$518.7 million"},{"label":"EPS","value":"$0.52"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}