VICI Properties Receives Top Ranking in Corporate Governance Survey
VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today announced that its Board of Directors received the top ranking for a U.S. company in a study by Casino Journal / AETHOS Consulting Group with 44 out of a possible 46 points. As disclosed in the article, “In determining the effectiveness of the size and makeup of a company’s board, we looked at six attributes: total number of board members, length of term, the chairman’s background, the presence of a lead director, ratio of insiders and outsiders on the board, and the board’s diversity policy.”
“We continue to be proud of the recognition that our Board of Directors has received regarding our outstanding corporate governance, and are very honored to be recognized as the top-ranked U.S. company in the Casino Journal/AETHOS Consulting Group gaming governance study,” said James Abrahamson, Chair of the Board of Directors of VICI Properties. “We believe our strong commitment to corporate governance significantly benefits shareholders as we strive to create long-term, sustainable shareholder value.”
The results of the survey, as measured in scoring points per category, were as follows:
COMPANYSIZE &
MAKEUP
COMMITTEE
STRUCTURE
RELATED PARTY
TRANSACTIONS
EVALUATIONS
& COMMUNICATION
COMPENSATION
POINTS
GVC Holdings16
8
5
5
10
44
Flutter Entertainment16
8
5
5
10
44
VICI Properties15
10
5
4
10
44
MGM Resorts14
10
5
5
9
43
Caesars Entertainment14
10
0
5
10
39
Gaming & Leisure Properties12
8
5
4
10
39
Great Canadian Gaming10
10
5
3
9
37
Wynn Resorts12
10
0
5
10
37
Carnival12
9
0
5
10
36
Everi8
10
5
4
9
36
Scientific Games Corporation9
10
5
3
9
36
Boyd Gaming12
10
0
3
10
35
Eldorado Resorts12
10
0
4
9
35
Penn National9
10
0
5
10
34
Rank Group7
8
5
5
9
34
Twin River Worldwide Holdings10
8
5
2
7
32
Las Vegas Sands Corp8
10
0
4
9
31
TransAct8
9
5
2
7
31
Daktronics9
10
0
3
8
30
Full House Resorts10
8
5
2
5
30
Galaxy Gaming12
4
5
2
6
29
Golden Entertainment9
10
0
2
8
29
Canterbury Park9
7
5
1
4
26
MGM Growth Properties11
3
0
4
8
26
Galaxy Entertainment8
8
0
2
7
25
Inspired Entertainment13
1
0
4
7
25
Churchill Downs5
7
0
4
8
24
American Gaming Systems7
8
0
2
6
23
Melco Resorts & Entertainment5
10
0
2
4
21
Century Casinos5
7
0
3
5
20
MGM China Holdings6
3
0
4
6
19
Ainsworth Game Technology4
6
0
3
4
17
Monarch Casino and Resort5
5
0
2
4
16
Source: Casino Journal
The full text of the report is available at:
https://digital.bnpmedia.com/publication/?m=9749&i=683970&view=articleBrowser&article_id=3817628&oly_enc_id=9675F6219356J4D
About VICI Properties
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties’ national, geographically diverse portfolio consists of 28 gaming facilities comprising 47 million square feet and features approximately 18,000 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos, Hard Rock International, JACK Entertainment and Penn National Gaming. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the nation’s highest quality and most productive experiential real estate portfolio. For additional information, please visit www.viciproperties.com.
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