hollywood casino las vegas“Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies.Following the recent acquisition of MGM Springfield, MGP owns essentially all of the property on which MGM’s domestic casinos operate.free casino slots downloadA 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.The concern for now, though, is that most bettors surveyed did not care for gaming companies to have that level of access.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.mohegan sun casino wilkes barre pennsylvania

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hard rock casino tampaHowever, land-based gamblers who prefer to use cashless payments said that this was due to security, the speed and ease of making payments, having a record of transactions, and limiting contact in a post-COVID world,” the UKGC report stated.That move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.island resort and casino stay and playIt noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain.At the height of the coronavirus pandemic when domestic gaming venues were shuttered, these stocks came under significant duress amid concerns that operator tenants would struggle to meet lease obligations in a zero-revenue environment.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.raging bull casino 14 free spins

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silver oak casino authorization formThat’s well ahead of the 34.The British public agency commissioned 2CV to conduct an online survey of 314 people who had wagered in a casino or other land-based venue in the past 12 months.That move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.But 45 percent said they flatly would not like such an app.“To protect gamblers, this should be in addition to, not instead of, the option to pay by cash,” the report said.For example, Caesars Palace owner VICI has rent escalators in its tenant contracts which are tied to the Consumer Price Index (CPI).casino queen rv park