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VICI Properties to be added to MSCI US REIT Index

VICI Properties Inc., which was spun off from a bankrupt operating unit of Caesars Entertainment Corp., will be added to the MSCI U.S. REIT Index at market close May 31.

CEO Ed Pitoniak said in a release that the gaming real estate investment trust's addition to the index was an important milestone for the company, following its IPO in February.