
1795: Dead Feathered
Las Vegas Real Estate, Vici Capital Leasebacks
The real estate in Las Vegas has largely been acquired by Vici Properties, a real estate investment trust that leases casinos back to operators like MGM and Caesars. The hosts warn that these leaseback deals often lead to financial meltdowns when rates are raised, as seen with historic retailers in San Francisco. They also discuss the high profitability of "The Sphere" and its residency with Dead & Company.








