Concentration of Risk

VICI PROPERTIES INC.

Medium

VICI · NYSE · Real Estate Investment Trusts · CIK 0001705696

Latest filing: 10-K · 2026-02-25

Customer concentration

Significant Customers note · revenue dependency

High
Top exposure
38%
MGM Resorts InternationalNamed
Other major customers
Caesars Entertainment Corporation36%
Each is a separate customer disclosed individually — the figures are not sub-parts of the headline and may be measured against different revenue bases, so they are not additive.
-10.0pp YoY

Click a point to open the SEC source

FY23FY24FY250%15%30%45%60%

Geographic concentration

Segment reporting · geographic revenue

High
Top exposure
49%
Las Vegas StripNamed
Flat

Click a point to open the SEC source

FY250%15%30%45%60%

Supplier concentration

Risk Factors · supply chain dependency

Low
Dependency
Diversified
Diversified
Flat

Qualitative dependency level by filing year.

Product concentration

ASC 275 · disclosed dependence on a specific product or service

Low
Top exposure
<10%
No disclosure detected
Flat

Credit concentration

ASC 825 · concentration of credit risk note

Low
Receivables
<10%
Diversified
Flat