pictures of lake tahoe casinosOver the past year, shares of the two gaming REITs are up an average of 46 percent. 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. “Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.”The report comes at a time when cashless is becoming king across the pond. blackjack casino darpa(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. “Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.”The report comes at a time when cashless is becoming king across the pond. Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.Caesars Entertainment (NASDAQ:CZR) is VICI’s biggest client, but unlike MGP, it has other tenants.Whilriver spirit casino santanae MGP currently lacks tenant diversity, Baird said the name offers upside possibilities by way of potential equity index inclusion and acquisitions. mohegan sun casino and resort

blackjack online with friends

online casino real money live dealer(Image: KTNV)In its recent “Finding Opportunities in REITs” webcast, Baird explored ideas across several real estate sub-sectors, including manufactured housing, net lease, and shopping centers. (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. 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. is raging bull casino available in australiaThe research firm also likes the duo as plays on rising inflation.For example, Caesars Palace owner VICI has rent escalators in its tenant contracts which are tied to the Consumer Price Index (CPI). 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. The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif. online slots real money washington state

desert diamond casino in phoenix

casino games free online poker play(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. 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. A 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. r Missouri,” Parson said in a statement to the Associated Press.Missouri joins 11 other states that allow lottery winners to remain anonymous.A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. In addition, 85 percent of those surveyed who had played at a land-based casino in the past year said cashless gaming solutions too easily allow individuals to bet more than they intended.The British public agency commissioned 2CV to conduct an online survey of 314 people who had wagered in a casino or other land-based venue in the past 12 months.Those who prefer to bet with cash say it not only lets them better control how much they spend, it also affords them privacy.However, land-based gamblers who prefer to use cashless payments said that this was due to security, the speed and ease of making payments, having a record of transacriver spirit casino santanations, and limiting contact in a post-COVID world,” the UKGC report stated. chukchansi casino facebook