mychoice casino account suspendedThat’s an impressive feat, considering operator tenants faced multi-month shutdowns because of the pandemic. VICI-owned Harrah’s Las Vegas. Like rival properties throughout the country, it generated no revenue in April and May. clearwater casino mask policyAs a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. The Missouri Gaming Commission (MGC) allowed casinos to reopen in early June.Slippery SlopeCouncilman Richard Stewart detailed the bind the city is in with the request from Harrah’s, stating that other businesses affected by the pandemic, such as restaurants, aren’t asking for tax breaks. MGM Growth Properties was separated from its parent in 2016, followed by VICI the next year.Collecting Rent, Access to CashAs has been the case throughout thesunset station casino reviews broader gaming industry this year, landlords are accessing capital, bolstering balance sheets in the process. jackson rancheria casino pool

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150 no deposit bonus casinoLike rival properties throughout the country, it generated no revenue in April and May. But adjusted gross table revenue is lower by eight percesunset station casino reviewsnt, according to MGC data.That’s an impressive feat, considering operator tenants faced multi-month shutdowns because of the pandemic. soaring eagle casino ticket officeBut adjusted gross table revenue is lower by eight percesunset station casino reviewsnt, according to MGC data.“Occupancy is 100%, and despite pandemic-related closures of gaming properties, rent collection remains nearly spotless.”Concentration ConcernsAs the research firm points out, two risks that could pressure the gaming REITs going forward are tenant concentration and the slow pace of post-pandemic recovery in Las Vegas.While VICI owns Caesars Palace on the Strip and counts Caesars Entertainment as its biggest client, that real estate firm has other tenants, and isn’t as dependent on Sin City for rental income as MGP. “We expect their solid financial positions to help them withstand pandemic-related business disruptions, though the gaming industry today remains in uncharted territory.”COVID-19 is the first big test of gaming REITs’ ability to weather a downturn, because the group didn’t exist didn’t exist during the global financial crisis. chumba casino account

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