The Dark Side of Success: What's Behind VICI Properties' Underperformance VICI Properties Inc. , a leading experiential real estate investment trust, has struggled to keep pace with its larger peers in the market.
With a market capitalization of $27. 3 billion and an impressive portfolio of gaming, hospitality, entertainment, wellness, and leisure properties, one would expect VICI to excel in the REIT industry.
VICI's portfolio is undoubtedly strong, featuring premium gaming real estate on the Las Vegas Strip that attracts major casino operators.