VICI Properties said Wednesday a Wall Street gaming analyst would become the real estate investment trust’s vice president of finance.
Danny Valoy, formerly of Deutsche Bank, would advise VICI on corporate finance matters including investor relations, capital market transactions and strategy.
VICI, created out of the bankruptcy reorganization of Caesars Entertainment, owns the real estate associated with 22 gaming properties in the U.S., 21 of which are managed by Caesars. In January, VICI completed the joint purchase of the Margaritaville casino-resort in Bossier City, Louisiana, with Penn National Gaming and the companies are in the process of jointly acquiring Greektown in Detroit for $1 billion.
Valoy has more than 15 years of experience in investor relations, capital markets and financial planning and analysis across the gaming sector.
“Not only does he possess significant gaming industry experience, he also covered the gaming REIT sector and is very familiar with our industry, business and strategy,” said VICI Chief Financial Officer David Kieske. “We believe investors will benefit from his experience, insights and focus on enhancing their knowledge of our business.”
In addition to his experience with Deutsche Bank, Valoy previously held a corporate finance position with Wynn Resorts in Macau as a member of the finance team that established Wynn in China.
