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VICI PROPERTIES INC . ANNOUNCES THIRD QUARTER 2021 RESULTS NEW YORK , NY . _ - Reports 10.6 % Revenue Growth- Announced the Strategic Acquisition of MGM Growth Properties LLC - - Announced a Strategic Arrangement with BigShots Golf - Updates Guidance for Full Year 2021 - October 27 , 2021 VICI Properties Inc. ( NYSE : VICI ) ( “ VICI Properties " or the " Company " ) , an experiential real estate investment trust , today reported results for the quarter ended September 30 , 2021. All per share amounts included herein are on a per diluted share basis unless otherwise stated . Third Quarter 2021 Financial and Operating Highlights • • Total revenues increased 10.6 % year - over - year to $ 375.7 million Net income attributable to common stockholders and FFO were $ 161.9 million , or $ 0.28 per share AFFO increased 12.9 % year - over - year to $ 257.4 million • • • AFFO per share increased 5.9 % year - over - year to $ 0.45 Announced the strategic acquisition of MGM Growth Properties LLC ( " MGP " ) for $ 17.2 billion Announced strategic arrangement whereby VICI Properties may provide up to $ 80.0 million of mortgage financing for the construction of BigShots Golf ™ facilities throughout the United States Completed an equity offering of 115,000,000 shares at $ 29.50 per share , of which 50,000,000 were sold through forward sale agreements , for a total offering value of $ 3.4 billion Repaid in full the $ 2.1 billion Term Loan B Facility and unwound and settled the outstanding interest rate swap agreements Declared a quarterly cash dividend of $ 0.36 per share , representing a 9.1 % year - over - year increase CEO Comments Edward Pitoniak , Chief Executive Officer of VICI Properties , said : “ In 2021 , a year in which American gaming has been one of the world's most dynamic leisure / hospitality sectors , and a year that has seen Las Vegas generate visitation levels unrivaled in global tourism , VICI has been one of the world's most dynamic and productive real estate investment managers . We have announced over $ 21 billion of transactions so far in 2021 , with our $ 4 billion acquisition of The Venetian and our transformative $ 17.2 billion acquisition of MGM Growth Properties . Upon closing of these transactions , VICI will own 10 properties on the Las Vegas Strip , the most economically productive street in America ; we will own America's highest - quality and largest portfolio of regional gaming assets ; and with an estimated $ 45 billion enterprise value , we will have a balance sheet deliberately engineered to achieve an investment grade rating . We strongly believe owners of VICI are uniquely positioned to benefit from the quality and composition of our real estate portfolio as the institutionalization of our asset class continues . " Additionally , during the third quarter we announced a strategic arrangement with ClubCorp Holdings , an Apollo Global Management portfolio company , as we help them to grow their BigShots Golf business , further building our funnel of growth opportunities with unique experiential assets supported by high quality partners with proven business models . ”