2024.07.18
casino 95Those 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. r Missouri,” Parson said in a statement to the Associated Press.Missouri joins 11 other states that allow lottery winners to remain anonymous.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. chinook winds casino shuttleOver the past year, shares of the two gaming REITs are up an average of 46 percent. It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain. 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). royal ace casino no deposit code 2021 fanduel detroit casinosilver oak casino login page“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. 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. The exterior of the Mirage Las Vegas, seen above. the cashman casino(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. That 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. mohegan sun casino wolf den slotocash casino apk downloadharrah s cherokee casino free drinksOver the past year, shares of the two gaming REITs are up an average of 46 percent. Over the past year, shares of the two gaming REITs are up an average of 46 percent. 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. A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. “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. jamul casino hookah lounge mohegan sun casino age |