slot handpaysGaming 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. 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. It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain. cool cats casino bonus codesThat move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.Additionally, MGM is expected to continue paring its stake in MGP. 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. big dollar casino no deposit bonus codes july 2021

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soaring eagle casino indoor seating chartThat gauge is on a torrid pace of late, soaring in April and May. 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. It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain. fanduel casino websiteA study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. 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). Over the past year, shares of the two gaming REITs are up an average of 46 percent. paragon casino legends steakhouse menu

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caesar palace dubai casinoThe 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. 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. (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. 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. 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. A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. poker game in casino royale