{"schema_version":"secwatch.filing_event.v1","accession":"0001705696-25-000032","form_type":"8-K","ticker":"VICI","cik":"0001705696","company_name":"VICI PROPERTIES INC.","filed_at":"2025-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.513665+00:00","generated_at":"2026-05-26T09:01:26.581035+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"medium","headline":"VICI Q4 revenue +4.7% to $976M; AFFO $0.57 (+5.4%); FY24 AFFO $2.26; 2025 guidance","bullets":["Q4 total revenues $976.1M (+4.7% YoY); net income $614.6M ($0.58) down 17.8% on CECL change.","Q4 AFFO $601.3M ($0.57) up 5.4% YoY; FY24 AFFO $2.37B ($2.26) up 8.4%.","Announced ~$1.1B capital commitments at 8.1% yield in 2024 (Venetian $700M, Great Wolf $250M, Homefield $105M).","Post-Q4: new $2.5B revolving credit facility; $300M mezzanine loan for One Beverly Hills with Cain/Eldridge.","Moody's upgraded to Baa3; annualized dividend increased 4.2% in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001705696-25-000032","json":"https://secwatch.observer/filing/0001705696-25-000032.json","markdown":"https://secwatch.observer/filing/0001705696-25-000032.md","text":"https://secwatch.observer/filing/0001705696-25-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705696/000170569625000032/0001705696-25-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705696/000170569625000032/vici-20250220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T09:01:26.581035+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}