VICI Properties reports Q1 FFO 61c, consensus 61c

Reports Q1 revenue $1.02B, consensus $1.02B. Edward Pitoniak, Chief Executive Officer of VICI Properties (VICI), said, “In the first quarter of 2026, we grew our quarterly revenue by 3.5% and our AFFO per share by approximately 4.5% year-over-year, reflecting the continued compounding of our business model. This quarter demonstrated what we believe to be one of VICI’s most durable competitive advantages: the ability to grow through deepening relationships with our existing partners. Our expansion of the One Beverly Hills mezzanine loan to $1.5 billion alongside Cain and Eldridge and our pending acquisition of casino real estate in Alberta in connection with PURE’s acquisition of Gamehost each represent second and third chapters in partnerships that began with a single investment. As we look ahead to the expected closings of our Golden Entertainment and Gamehost transactions, we remain confident that VICI’s partner-driven model will continue to generate attractive, sustained growth for our shareholders.”