sunset station casino poker roomA study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies. That gauge is on a torrid pace of late, soaring in April and May. 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. epic jackpot slots casino free slot gamesAdditionally, MGM is expected to continue paring its stake in MGP. 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. Over the past year, shares of the two gaming REITs are up an average of 46 percent. golden nugget casino atlantic city

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vip club player casino no deposit bonus codes 2021Baird is bullish on owner MGM Growth and VICI Properties. 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). 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. coushatta casino water parkOver the past year, shares of the two gaming REITs are up an average of 46 percent. “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 noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain. yakuza 0 casino location

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peppermill casino restaurantsA 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. Over the past year, shares of the two gaming REITs are up an average of 46 percent. 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. That move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain. no deposit bonus 7bit casino