mgm casino showsCredit Suisse analyst Cameron McKnight isn’t so gung-ho on Las Vegas gambling revenue, but he does likes the growth potential of entities that own Sin City’s land and physical real estate. That comes as a bit if a surprise considering the recent Wall Street selloff after several casino operators missed second quarter projections, and CEOs warned shareholders that Las Vegas is seeing a slight softening in demand in the months ahead.In REITs Analyst TrustsCasino real estate investment trusts, or REITs, are stocks where McKnidoubledown casino bonusght feels investors will be well served. REITs are entities that own land and physical brick-and-mortar assets, but lease back their operations.The casino industry has taken a liking to REITs in recent years, as it allows them to generate large sums of cash by forming the real estate holding companies. palace station casino oyster barA new study concludes that the expansion of regulated sports betting across the United States will increase fan engagement, grow younger demographics’ interest in pro and college events, and hurt illegal underground gambling rings. A new study concludes that the expansion of regulated sports betting across the United States will increase fan engagement, grow younger demographics’ interest in pro and college events, and hurt illegal underground gambling rings. REIT investors like the special tax advantages afforded to such entities, and the fact that REITs must distribute at least 90 percent of profits to shareholders.McKnight is especially optimistic regarding Gaming & Leisure Properties (GLP), the REIT formed in 2013 by Penn National Gaming. river spirit casino new building

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chukchansi casino open(Image: Patrick Connolly/Las Vegas Review-Journal)Commissioned by the American Gaming Association (AGA) and conducted by Nielsen Sports, the study found that 44 percent of current sports bettors are under the age of 35, which is presently the widely accepted cutoff for the millennial demographic. With regulated sportsbooks coming to numerous states, more individuals in the 18- to 34-year-old demo are predicted to jump at the chance to place a legal wager.“Expanding access to legal sports betting will bring millennial audiences back to sports broadcasts and stadiums, which is a huge benefit for sport enterprises acrosdoubledown casino bonuss the country,” AGA Senior VP of Public Affairs Sara Slane declared.The Supreme Court of the United States (SCOTUS) struck down the federal sports betting ban in May. MGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. online casino 777That comes as a bit if a surprise considering the recent Wall Street selloff after several casino operators missed second quarter projections, and CEOs warned shareholders that Las Vegas is seeing a slight softening in demand in the months ahead.In REITs Analyst TrustsCasino real estate investment trusts, or REITs, are stocks where McKnidoubledown casino bonusght feels investors will be well served. A new study concludes that the expansion of regulated sports betting across the United States will increase fan engagement, grow younger demographics’ interest in pro and college events, and hurt illegal underground gambling rings. The regional casino operator has properties scattered across the US, lessening its dependency on Las Vegas.The emergence of sports betting to new states has been said to most benefit operators like Penn National, and the company and GLP are expected to further expand their operating and ownership portfolio.VICI Properties, the Caesars REIT that held its initial public offering earlier this year, is another real estate trust McKnight favors. winstar world casino wiki

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scarlet pearl casino resort d iberville mibibippiMGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. (Image: Fabrice Coffrini/Getty/Benjamin Hager/Casino.org)After poaching gaming analyst Cameron McKnight away from Wells Fargo, the Swiss financial services company unveiled recommendations on nine casino and gaming industry stocks on Tuesday.McKnight sees much growth potential for AGS, an innovative slot and table games manufacturer. REIT investors like the special tax advantages afforded to such entities, and the fact that REITs must distribute at least 90 percent of profits to shareholders.McKnight is especially optimistic regarding Gaming & Leisure Properties (GLP), the REIT formed in 2013 by Penn National Gaming. The regional casino operator has properties scattered across the US, lessening its dependency on Las Vegas.The emergence of sports betting to new states has been said to most benefit operators like Penn National, and the company and GLP are expected to further expand their operating and ownership portfolio.VICI Properties, the Caesars REIT that held its initial public offering earlier this year, is another real estate trust McKnight favors. Goldman Sachs did the same with MGM, as did Jeffries Financial with Wynn.Investors and financial services firms will stand idle waiting for more summer data out of Sin City.Earlier this month, UNLV’s Center for Gaming Research Director David Schwartz explained, “There are fears that Las Vegas has finally pushed its luck too far. And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. riverwind casino the wallflowers