pictures of cliff castle casinoIt came away with “outperform” rated ideas for the rest of the year. A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. Baird is bullish on owner MGM Growth and VICI Properties. seminole brighton casino jobsGaming 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. 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. Additionally, MGM is expected to continue paring its stake in MGP. free slots 3 lines

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coushatta casino spaFollowing 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. 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. 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. live casino sites(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. (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. 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. island view casino map

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free slots upThe exterior of the Mirage Las Vegas, seen above. The exterior of the Mirage Las Vegas, seen above. 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. That gauge is on a torrid pace of late, soaring in April and May. The 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). “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. black bear casino new years eve