Transformative Acquisitions: MGM Growth Properties & The Venetian Resort
AN OPPORTUNITY TO UNLOCK INDEX INCLUSION FOR MGP'S SHARES
86MM SHARES OF ILLUSTRATIVE INDEX DEMAND FOLLOWING MGP ACQUISITION CLOSING (1)
Corporate Structure
S&P 500
CRSP
Russell 1000
RMZ
FTSE NAREIT
Dow Jones U.S. Real Estate
Dow Jones Select REIT
VICI
Corporation
Eligible, not included
MGM GROWTH
PROPERTIES"
LLC
Excludes LLCs
Excludes LLCs
X
Excludes LLCs
X
Excludes LLCs
X
Excludes LLCs
X
Excludes LLCs
.
Due to MGP's LLC structure, it currently
is not eligible for a number of indices in
which VICI is currently included
⚫ With the closing of the MGP acquisition,
anticipated index rebalancing is expected
to drive demand
VICI
Eligible, not included
2Q'21 OWNERSHIP ANALYSIS (2)
% Index Ownership
31%
VICI
9%
MGM GROWTH
PROPERTIES"
(1) Represents 31% of shares being issued to the public and 22% (31 % -9%) of shares being issued to MGP shareholders. (2) Percent index ownership calculated by the division of shares held by index funds and total shares
outstanding as of 6/30/2021 (VICI = shares of common stock and MGP = Class A common shares).
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