Bet on the Vegas Strip With This Income Stock

Tourists visiting Las Vegas to try their luck at the tables or slot machines are likely to hear some folksy wisdom about the massive casino resorts dotting the Strip not being built on the backs of winners.Prosaic or not, that's an accurate assessment of how the financial cards are dealt in Sin City and other casino hubs, but intrepid income investors visiting the U.S. gaming mecca may ponder who owns the buildings in which fortunes are made (for the gaming companies) and lost (usually by betters). In many cases, the answer is Vici Properties (NYSE: VICI).Spun out of Caesars Entertainment in 2017, Vici owns the property assets of some of the most iconic Las Vegas properties, including Caesars Palace, MGM Grand, and the Venetian, among many more.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool