Exhibit (c)(6) October 2025 Project Royal Key points outstanding

Santander understands that Mr. Sartini has not Confidential committed to any course whatsoever, and he may simply abandon further consideration, but Evaluating a fixed vs floating exchange rate this is being provided in furtherance of the information gathering process Fixed value $27.98 $29.00 $30.00 $31.19 $32.00 $33.00 $34.00 Price change vs current share price (10.3%) (7.0%) (3.8%) – 2.6% 5.8% 9.0% Net VICI proceeds $728 $728 $728 $728 $728 $728 $728 FDSO 27.398 27.398 27.398 27.398 27.398 27.398 27.398 VICI consideration per share $26.57 $26.57 $26.57 $26.57 $26.57 $26.57 $26.57 Variable VICI PPS $27.98 $29.00 $30.00 $31.19 $32.00 $33.00 $34.00 Exchange ratio (VICI shares per GDEN share) 0.950 0.916 0.886 0.852 0.830 0.805 0.782 Implied shares in VICI 26.019 25.103 24.267 23.341 22.750 22.061 21.412 Value to all shareholders $728 $728 $728 $728 $728 $728 $728 Sartini Family shares in VICI 7.079 6.830 6.603 6.351 6.190 6.003 5.826 Value to Sartini Family $198 $198 $198 $198 $198 $198 $198 Fixed exchange ratio $27.98 $29.00 $30.00 $31.19 $32.00 $33.00 $34.00 Price change vs current share price (10.3%) (7.0%) (3.8%) – 2.6% 5.8% 9.0% Net VICI proceeds $728 $728 $728 $728 $728 $728 $728 FDSO 27.398 27.398 27.398 27.398 27.398 27.398 27.398 VICI consideration per share $26.57 $26.57 $26.57 $26.57 $26.57 $26.57 $26.57 Exchange price per share $31.19 $31.19 $31.19 $31.19 $31.19 $31.19 $31.19 Exchange ratio (VICI shares per GDEN share) 0.852 0.852 0.852 0.852 0.852 0.852 0.852 Implied shares in VICI 23.341 23.341 23.341 23.341 23.341 23.341 23.341 VICI share price $27.98 $29.00 $30.00 $31.19 $32.00 $33.00 $34.00 Value to all shareholders $653 $677 $700 $728 $747 $770 $794 Sartini Family shares in VICI 6.351 6.351 6.351 6.351 6.351 6.351 6.351 Value to Sartini Family $178 $184 $191 $198 $203 $210 $216 Upside / (Downside) fixed price ($20) ($14) ($8) – $5 $11 $18 $27.98 represents Current share $34.00 represents a 52-week price as of 10/21 52-week high 1

Santander understands that Mr. Sartini has not committed to any course whatsoever, and he may simply abandon further consideration, but VICI performance has been very stable over the past few years this is being provided in furtherance of the information gathering process VICI share price performance since 12/31/2019 NASDAQ 156% S&P 108% 22% Dec-19 Apr-20 Aug-20 Dec-20 Apr-21 Aug-21 Dec-21 Apr-22 Aug-22 Dec-22 Apr-23 Aug-23 Dec-23 Apr-24 Aug-24 Dec-24 Apr-25 Aug-25 Adj. EBITDA estimates vs consensus Q2’23 Q3’23 Q4 ‘23 Q1 ‘24 Q2 ‘24 Q3 ‘24 Q4 ‘24 Q1 ‘25 Q2 ’25 $723.4 $726.4 $749.6 $765.3 $775.9 $778.0 $785.8 $802.1 $812.4 EBITDA est. $724.8 $724.2 $750.4 $766.2 $782.1 $779.5 $788.8 $802.7 $822.2 EBITDA actual 0.2% (0.3%) 0.1% 0.12% 0.8% 0.2% 0.4% 0.1% 1.2% Beat / (Miss) Source: FactSet and broker reports. Note: Share price data from 1/1/20 to 10/21/25. 2

Price Santander understands that Mr. Sartini has not committed to any course whatsoever, and he may simply abandon further consideration, but Brokers see modest upside to VICI’s stock this is being provided in furtherance of the information gathering process Prem. to Select broker quotes Broker Date Target price Guidance (1) current Jefferies 10/15/2025 $44 41% Buy Despite a lack of major deal activity over the past 1.5 years, VICI has shown consistently that it can hit multiple singles and doubles while growing same-store revenue at a rate better than JP Morgan 9/9/2025 $38 22% Buy competitors – Macquarie (7/31/25) Barclays 8/20/2025 $36 15% Buy Evercore 8/4/2025 $37 19% Buy VICI should have the ability to drive about 2% in external growth annually. The company’s Truist 7/31/2025 $38 22% Buy 5.4% dividend yield is above the REIT group average, and we believe there remains room for the shares to rerate upward. – JP Morgan (9/9/25) Deutsche bank 7/31/2025 $35 12% Hold Citizens 7/31/2025 $35 12% Buy Macquarie 7/31/2025 $39 25% Buy Organic growth prospects remain at the high-end of the net-lease sector average, with Baird 7/30/2025 $36 15% Buy deployment complementing the compounding cash flow produced from its leases. Asset quality is unmatched, transparency is among the best in the REIT sector, and the balance Consensus average sheet is positioned for growth. – Citizens (7/31/25) $36.91 18% (25 brokers) 2022 – 2025 Wall Street consensus evolution Buy Overweight Rating Hold Rating Underweight Sell Rating Target Price Actual Price # of Ratings Buy Hold Sell Target price Actual price # of Ratings 20 18 21 23 24 23 24 24 23 24 25 24 25 100% 40 90% 100% 95% 87% 88% 87% 88% 88% 91% 92% 88% 92% 88% 80% 36.87 $36.91 35 60% 40% 30.86 $31.19 30 20% 10% 13% 13% 13% 13% 13% 9% 8% 12% 8% 12% 0% 25 Q2’22 Q3’22 Q4’22 Q1’23 Q2’23 Q3’23 Q4’23 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 10/22 12/22 2/23 4/23 6/23 8/23 10/23 12/23 2/24 4/24 6/24 8/24 10/24 12/24 2/25 4/25 6/25 8/25 10/25 12/25 Source: Broker reports, FactSet as of 10/20/25. 3 % of Ratings

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