From Yahoo Finance: 2025-03-30 12:16:00

Vici Properties is a real estate investment trust with 54 gaming properties, including iconic Las Vegas Strip locations like Caesars Palace and MGM Grand. It has over 60,000 hotel rooms and a diverse portfolio of regional assets.

Vici’s lease quality is top-notch, with leases averaging 41 years and 90% protected from inflation. The company aims to expand beyond gaming into experiential real estate like hotels, shopping centers, and entertainment venues.

Despite challenges, Vici thrives by creatively lending capital for new projects at higher rates. This strategy, combined with a strong balance sheet and record of smart acquisitions, positions Vici for growth and financial success.

Investors may want to consider Vici Properties for its 5.4% dividend yield and potential for growth. The company’s solid portfolio and management team make it an attractive option, with room to benefit from falling interest rates in the future. 1. The FDA has issued an emergency use authorization for the Pfizer-BioNTech COVID-19 vaccine in children ages 5 to 11. The decision follows a clinical trial showing the vaccine is safe and effective for this age group, providing parents with another tool to protect their children from the virus.

2. Inflation in the United States continues to rise, with the consumer price index increasing by 0.4% in September. This marks the biggest monthly increase in inflation in over a decade, driven by higher costs for food, shelter, and energy.

3. The US government has announced plans to reopen its land borders with Canada and Mexico for fully vaccinated travelers beginning in early November. This move comes after months of closure due to the COVID-19 pandemic, providing relief for businesses and families separated by the border restrictions.

4. Facebook has announced a rebranding effort, changing its company name to Meta. The new name reflects the company’s focus on the metaverse, a virtual reality space that Mark Zuckerberg believes will be the next big platform for communication and entertainment.

5. The United Nations Climate Change Conference, also known as COP26, is set to take place in Glasgow, Scotland, from October 31 to November 12. World leaders will gather to discuss strategies for reducing greenhouse gas emissions and combating climate change on a global scale.

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