2024.07.19
borgata casino covid 19Gaming 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. That gauge is on a torrid pace of late, soaring in April and May. r Missouri,” Parson said in a statement to the Associated Press.Missouri joins 11 other states that allow lottery winners to remain anonymous.golden palace casino bsmBaird is bullish on owner MGM Growth and VICI Properties. 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. free online poker tools roulette casino livecasino slot hacks“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.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. (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 tenantsmgm grand owns which casinos would struggle to meet lease obligations in a zero-revenue environment. admiral casino hullThe exterior of the Mirage Las Vegas, seen above. 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. That gauge is on a torrid pace of late, soaring in April and May. mgm casino fort washington md european online casino no deposit bonussunset station casino yelpThe exterior of the Mirage Las Vegas, seen above. (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. Over the past year, shares of the two gaming REITs are up an average of 46 percent. 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. The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif. casino extreme free spins codes miami club casino 20 no deposit |