Tourists who fill Las Vegas Boulevard’s massive resorts to eat, gamble and party, never see the name Vici Properties.
But the casino landlord rakes in a fortune from the Strip.
New York-based Vici, the biggest property owner in Las Vegas’ famed casino corridor, owns Caesars Palace, MGM Grand, Mandalay Bay, The Venetian, The Mirage and other huge hotel-casinos along Las Vegas Boulevard. It doesn’t operate any resorts here but collects rent from companies that do, including MGM Resorts International, Caesars Entertainment Inc. and Hard Rock International.
All told, Vici’s portfolio spans dozens of properties in the U.S. and Canada, with around 660 acres along Las Vegas Boulevard.