Vici Q1 revenue jumps 110.7%
| By Marese O'Hagan
Vici Properties has reported revenue of US$877.6m (£704.3m/€801.3m) for the first quarter of 2023, a rise of 110.7% year-on-year.
The quarter saw Vici acquire the real estate assets of four Canadian gaming properties, at a combined total of CA$271.9m.
Edward Pitoniak, chief executive officer of Vici Properties, said that the quarter had been successful and had carried on from Vici’s accomplishments in 2022.
“Our Q1 2023 activity highlights Vici’s focus on building off of our transformative 2022 and our relentless pursuit of attractive domestic and international growth opportunities both within and outside of gaming,” said Pitoniak. “We added a new partnership and tenant with Pure Canadian Gaming and announced our first international investment with the acquisition of Pure’s four Canadian casinos.”