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Partners already influence more than two-thirds of our ARR, but we believe we can scale them to deliver far more dealorigination than they do today. I am truly proud of our team and the successes that we have collectively achieved to date on behalf of our customers, partners, shareholders, and Dynatracers worldwide.
We only got -- as a shareholder, we only would get tax distribution. David Simon -- Chairman, President, and Chief Executive Officer Well, look, I think as part of the dealoriginally, first of all, our relationship with Brookfield is excellent. Or we'd give it to the shareholders, or we buy our stock back. You know why?
As a VICI shareholder, I haven't forgotten or ignored that compounding dynamic can benefit. So given that the Venetian dealoriginally had potential to be up to $1 billion, does that mean there remains another $300 million here down the line? REITs can be powerful compounding tools. Please go ahead.
Partners, today, influence more than two-thirds of our ARR, but they account for only 30% of dealorigination, highlighting the enormous whitespace of opportunity in this area. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
As economic uncertainty persists, the strength of our model is enabling us to deliver value for our customers, continue to invest in our associates, and deliver consistent shareholder return. With the announcement today, we are confident that our plans fulfill all the commitments we set out in the original merger agreement.
We invest first, either to scale strategic growth initiatives or drive operational efficiency, and then return excess cash to our shareholders through a combination of dividends and share repurchases. billion to our shareholders through a combination of dividends and share repurchases. In 2023, we returned over 4.5
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