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foxwoods online blackjackA study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. 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. 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. chukchansi hotel and casino fresno ca(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. The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif. live casino evolution

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21 gold coast casinoA study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif. 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. nearest casino in pennsylvaniaAdditionally, MGM is expected to continue paring its stake in MGP. (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. “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. casino 4 u

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boomtown casino lobster buffetThe exterior of the Mirage Las Vegas, seen above. “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. That 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. 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. “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. call chinook winds casino

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