1Q22 Earnings Update: Part Three – VICI, NXST, SONY, DIS, HD

VICI Properties (VICI):  VICI reported its typically boring quarter with results in line to slightly better than street expectations.  Boring is exactly what we like about VICI.  As a landlord to the nation’s two leading gaming companies, Caesars and MGM, VICI’s business model is highly predictable.  The company collects rents with built-in escalators.  Beyond the […]