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how close is the nearest casinoA new study concludes that the expansion of regulated sports betting across the United States will increase fan engagement, grow younger demographics’ interest in pro and college events, and hurt illegal underground gambling rings. REITs are entities that own land and physical brick-and-mortar assets, but lease back their operations.The casino industry has taken a liking to REITs in recent years, as it allows them to generate large sums of cash by forming the real estate holding companies. (Image: Patrick Connolly/Las Vegas Review-Journal)Commissioned by the American Gaming Association (AGA) and conducted by Nielsen Sports, the study found that 44 percent of current sports bettors are under the age of 35, which is presently the widely accepted cutoff for the millennial demographic. MGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. MGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. Goldman Sachs did the same with MGM, as did Jeffries Financial with Wynn.Investors and financial services firms will stand idle waiting for more summer data out of Sin City.Earlier this month, UNLV’s Center for Gaming Research Director David Schwartz explained, “There are fears that Las Vegas has finally pushed its luck too far. paragon casino draft room menu

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