betrivers casino onlineA recent study by the UK Gambling Commission found that most British gamblers surveyed do not want to use a cashless app for their gaming play. Following the recent acquisition of MGM Springfield, MGP owns essentially all of the property on which MGM’s domestic casinos operate.Other Reasons to Like MGP, VICIBaird favors gaming REITs among net lease names because there’s less competition and the product isn’t commoditized. (NASDAQ:GLPI), MGM Growth, and VICI.At the height of the coronavirus pandemic when domestic gaming venues were shuttered, these stocks came under significant duress amid concerns that operator tenantsriver spirit casino santana would struggle to meet lease obligations in a zero-revenue environment. morongo casino video rouletteThat move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.(Image: Viejas Casino and Resort)The survey found that 79 percent of bettors believe using cash allows them to “feel in control” of how much they risk. The pair of gaming REITs made the cut.The term net lease refers to a contractual agreement where a lessee pays a portion or all of the taxes, insurance fees, and maintenance costs for a property, in addition to rent,” according to Investopedia.This structure is common in commercial real estate, and the tenant, say MGM Resorts International (NYSE:MGM), pays for all the property maintenance as if it owned it outright.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc. slotocash casino bonus codes 2021

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admiral casino uniformThat gauge is on a torrid pace of late, soaring in April and May. Gaming real estate investment trusts (REITs) MGM Growth Properties (NYSE:MGP) and VICI Properties (NYSE:VICI) are preferred ideas among real estate equities with the net lease designation, according to a research firm. It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain. poker casino gold coastThe exterior of the Mirage Las Vegas, seen above. Last year, during the COVID-19 pandemic, cards accounted for more than half of the payments.Cashless App May Have SoOver the past year, shares of the two gaming REITs are up an average of 46 percent. poker casino kursaal

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free casino slot games bonus roundsThose fears proved inaccurate, as gaming companies were able raise cash, and the real estate companies collected nearly all rent, even during the darkest days of the health crisis.Today, the likes of MGP and VICI are thriving. That’s well ahead of the 34.76 percent returned by the MSCI US Investable Market Real Estate 25/50 Index, a widely followed basket of real estate equities.In the case of MGP, that real estate company is levered to recovery on the Las Vegas Strip, because it owns the bulk of MGM’s real estate there. A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif. Those fears proved inaccurate, as gaming companies were able raise cash, and the real estate companies collected nearly all rent, even during the darkest days of the health crisis.Today, the likes of MGP and VICI are thriving. (Image: Viejas Casino and Resort)The survey found that 79 percent of bettors believe using cash allows them to “feel in control” of how much they risk. downstream casino table games