VICI Properties Shares Climb 1.59% as Strategic California Tribal Gaming Expansion Drives 440th-Ranked Trading Volume

. 23, , . The stock ranked 440th in terms of volume among equities. The move follows a strategic expansion into California tribal gaming, . This marks VICI’s first venture with a tribe and aligns with its broader focus on high-yield real estate investments. The project, managed by Red Rock Resorts, aims to leverage California’s robust tribal gaming market, .

VICI’s involvement in the project underscores its strategy to diversify its real estate portfolio through partnerships with tribal operators. CEO highlighted the company’s confidence in Red Rock’s expertise in tribal gaming, particularly in California. This initiative complements VICI’s existing portfolio, which includes properties secured by long-term triple-net leases. , .

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