Risk factors

VICI Properties (VICI) risk factors

Item 1A of every VICI Properties Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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  • FY2025 10-K risk factors
    36 risks4 new5 dropped7 reworded

    VICI added concrete financial and geographic disclosures, reporting $17.1 billion in debt and Las Vegas revenue concentration rising to 49 percent.

    Filed Feb 25, 2026
  • FY2024 10-K risk factors
    37 risks

    VICI Properties faces high geographic concentration with 48 percent of total revenues generated from the Las Vegas Strip in 2024. The company is heavily dependent on the gaming industry and complex REIT regulatory compliance. Operations rely on long-term triple-net leases with a weighted average term of 40.7 years.

    Filed Feb 20, 2025