SEC filings · customer concentration · VICI

Vici Properties's major customers

MGM Resorts International accounted for 38% of Vici Properties's revenue in FY 2025, about the same as 38% a year earlier.

2major customers now
74%of revenue from them
0listed suppliers depending on it
2022–2026years covered
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When a new annual report adds a 10% customer, drops one, or moves a share by 5 points or more, you get the change and the filing link. Up to 10 companies per address, no account, unsubscribe with one click.

Major customers of Vici Properties

Customers that Vici Properties named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
MGM Resorts InternationalMGM38%from 38%FY 2022: 34%FY 2023: 39%FY 2024: 38%FY 2025: 38%4 yearsFY 2025 · filed 25 Feb 2026
Caesars EntertainmentCZR36%from 36%FY 2022: 46%FY 2023: 37%FY 2024: 36%FY 2025: 36%4 yearsFY 2025 · filed 25 Feb 2026

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

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