Ed Pitoniak, CEO of VICI Properties, discusses maximizing the hospitality experience in Vegas, the story of building VICI, investing in Canyon Ranch, and the inevitable gaming future in Texas. They also explore the history of the ski industry and the significance of risk-taking.

VICI CEO Ed Pitoniak speaks about the expectations for Las Vegas strip, the interesting category of wellness for experience spending, and good real estate deals. The hosts discuss retail earnings, Walmart's success and Target's struggle. China's economic woes and its impact on global markets are explored. Investment activities in Las Vegas and the challenges in determining good deals are discussed. Finally, the involvement of activist investor Starboard Value in the restaurant sector and stocks to watch, Aztec Industries and Nice, are highlighted.