south lake tahoe casino explosionThose 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.Whilmgm grand owns which casinose MGP currently lacks tenant diversity, Baird said the name offers upside possibilities by way of potential equity index inclusion and acquisitions. Over the past year, shares of the two gaming REITs are up an average of 46 percent. That’s well ahead of the 34.76 percent returned by the MSCI US Investable Market Real Estate 25/50 Index, a widely followed basket of real estate equities.In the case of MGP, that real estate company is levered to recovery on the Las Vegas Strip, because it owns the bulk of MGM’s real estate there. santa ana casino concerts(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. 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. casino arizona

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free slots monopoly“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. It came away with “outperform” rated ideas for the rest of the year. (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. www.club player casino.com(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. (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. aliante casino jobs

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luckyland slots payout timeThe 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). It came away with “outperform” rated ideas for the rest of the year. That gauge is on a torrid pace of late, soaring in April and May. That gauge is on a torrid pace of late, soaring in April and May. (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. Over the past year, shares of the two gaming REITs are up an average of 46 percent. mgm grand casino host