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VICI Properties Inc.

VICI

Real Estate

2

exclusion reasons

2 themes

Animal Welfare (1) Harmful Products (1)
VICI Real Estate Current as of March 2026

VICI Properties Inc. is screened out under 2 exclusion reasons spanning 2 issue categories.

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.

Animal Exploitation
Since Mar 13, 2026

Excluded under our animal exploitation screen based on the company's commercial activities involving animals. This is a policy-based exclusion — identified through screening by Cruelty Free Investors and/or internal research.

Prior pipeline note: VICI Properties Inc. is excluded under the animal exploitation category. This indicates the company derives revenue from, or is materially involved in, commercial activities that exploit animals. No specific evidence regarding the nature or scale of this involvement was gathered for this review.

Gambling Operations
Since Oct 14, 2021

VICI Properties is a casino-focused net-lease REIT owning 93 experiential assets including Caesars Palace, MGM Grand, and Venetian; 100% of revenues derive from rents paid by casino gaming operators — the REIT's existence is entirely predicated on gambling operations

Research Sources 2 organizations
Cruelty Free Investors
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.