In a world where the thrill of chance and pursuit of fortune often lead to a gamble, a unique investment opportunity emerges, letting you turn the tables.
While the allure of slot machines and poker tables has captivated millions, this opportunity isn’t in the act of betting, but in the very heart of where it happens.
This investment takes you away from the losing end of the house edge and into the world of consistent returns.
It’s in an industry that has weathered economic downturns, undergone digital revolutions, and still stands tall as a lucrative business model.
But this isn’t a bet.
This is an investment in a company that’s a bedrock of the industry, profiting from the inherent human propensity to take a chance.
So, we invite you to shift your focus from the rolling dice to the structures that house them.
The question is, can you see beyond the allure of the game, to the walls that contain them and the wealth they might bring?
The company we’re talking about is VICI Properties Inc. (VICI)
As a real estate investment trust (REIT) specializing in casino properties, VICI is an interesting spin on betting on casinos without directly participating in gambling.
The genius of VICI’s business model lies in the stability of its income. The company owns the properties that casinos operate in, and it collects rent from these operations.
Think of it as a landlord for casinos.
This structure offers potential exposure to the thriving gambling and leisure industry without the direct risks associated with casino operations.
Moreover, VICI’s unique position in the gaming and hospitality industry has allowed it to secure long-term triple-net lease agreements with casino operators, creating a steady, reliable cash flow.
As a REIT, VICI is required to distribute at least 90% of its taxable income to shareholders, making it a high dividend yield investment.
Despite these attractive qualities, prospective investors should still consider the associated risks.
VICI’s portfolio is largely focused on gaming properties, and its performance could be influenced by changes in the regulatory landscape or economic downturns affecting discretionary spending.
However, with a unique business model that brings consistent rental income, an exposure to the dynamic gaming industry, and a hefty dividend yield, VICI presents a compelling case for those looking to bet on casinos, not in them.
