---
schema_version: "secwatch.filing_event.v1"
accession: "0001705696-24-000079"
form_type: "8-K"
ticker: "VICI"
cik: "0001705696"
company_name: "VICI PROPERTIES INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:04:01.298619+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VICI Properties Q1 revenue up 8.4% to $951.5M; AFFO per share $0.56 (+6.1% YoY); guidance reaffirmed

## Summary
- Net income attributable to common stockholders rose 13.7% to $590.0M ($0.57 per diluted share).
- Completed $1.05B investment grade senior notes offering (5.75% due 2034 and 6.125% due 2054); proceeds used to refinance existing debt.
- Announced up to $700M Partner Property Growth Fund investment at The Venetian Resort Las Vegas, with 7.25% yield on funded capital.
- Provided up to $105M construction loan for Margaritaville Resort in Kansas City, KS; call option on resort and youth sports facilities.
- Liquidity of $3.5B including $1.2B cash/equivalents/forward equity and $2.3B undrawn revolver; quarterly dividend maintained at $0.415/share.

## SEC filing metadata
- accession: 0001705696-24-000079
- form_type: 8-K
- ticker: VICI
- cik: 0001705696
- company_name: VICI PROPERTIES INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705696/000170569624000079/0001705696-24-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705696/000170569624000079/vici-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705696-24-000079
- JSON: https://secwatch.observer/filing/0001705696-24-000079.json
- Plain text: https://secwatch.observer/filing/0001705696-24-000079.txt

## Key facts
- Earnings Releases
  VICI PROPERTIES INC. reported three months ended March 31, 2024 results: revenue 951.5 million, net income 590.0 million, EPS 0.57. Guidance reaffirmed.
  - Period: three months ended March 31, 2024
  - Revenue: 951.5 million
  - Net income: 590.0 million
  - EPS: 0.57
  - Guidance: reaffirmed
  - Result: reported results
  source text: VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, "VICI" or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2024. All per share amounts included herein are on a per diluted common share basis unless otherwise stated. First Quarter 2024 Financial and Operating Highlights • Total revenues increased 8.4% year-over-year to $951.5 million • Net income attributable to common stockholders increased 13.7% year-over-year to $590.0 million and, on a per share basis, increased 9.4% year-over-year to $0.57 • AFFO attributable to common stockholders increased 10.3% year-over-year to $583.2 million and, on a per share basis, increased 6.1% year-over-year to $0.56 • Announced an agreement to provide an up to $105.0 million construction loan to Homefield Kansas City to fund the development of a Margaritaville Resort in Kansas City, Kansas, and entered into a call right agreement that provides the Company with a call option on the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705696/000170569624000079/0001705696-24-000079-index.htm

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