![]() (It) is 4.2 miles long and it is the most economically productive street in the world,” Kieske said, noting Strip gaming revenue through November is already a record $7.5 billion with $42 billion in total customer spending. “No other road in America can replicate or showcase what (happens) on the Strip. With almost 40,000 hotel rooms and nearly 6 million square feet of convention space, VICI has a larger vested interest in the Strip than any company or individual in the boulevard’s history. Kieske came to the half-day conference to help explain the company’s presence in Las Vegas. VICI also owns two resorts in Lake Tahoe and one in Laughlin. ![]() In December, the company contributed $350 million toward a $2.2 billion construction loan package for developers of the Fontainebleau to complete the long-stalled north Strip project. VICI also owns the Caesars Forum Convention Center behind the Linq. We're a very efficient business model because we collect the rent and let our operators succeed.” “Our operators run the businesses in the shape or form they do best. “We're a passive real estate landlord completely behind the scenes,” Kieske said during the Preview Las Vegas discussion at the Las Vegas Convention Center.
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