Poker Casino As e public’s support of the gaming question. The poll found that 45 percent of respondents said they did not want a casino in Richmond. About 30 percent said they were in favor of the casino, and the other 25 remain undecided. 3 casino road marino lake tahoe casino promotions Urban One believes ONE Casino + Resort would create million annually in local tax revenue, employ 1,500 people full-time on an average annual salary of ,000, and feature a diverse workplace where 50 percent of the jobs are held by minorities. VICI Properties (NYSE:VICI) stock is off almost 10 percent over the past month. But that slide could present investors with an opportunity to get involved with shares of the casino landlord, according to one analyst. Shares of Caesars Palace, seen here, owner VICI Properties are slumping.

An analyst says it’s a buying opportunity. (Image: Getty Images)In a note to clients today, KeyBanc analyst Todd Thomas upgrades the gaming real estate investment trust (REIT) to “overweight” from “sector weight” with a price target. 4 kings slots casino no deposit bonus codes free slot games jackpot mania That implies upside of nearly 14 percent from the Oct. 5 close. Figuring prominently in the stock’s recent weakness is a flood of new share issuance. Last month, VICI sold . black oak casino rv park tuolumne ca 6 billion in equity to fund previously announced plans.

Key Insights and Expert Analysis

That dilutes current investors, but the selloff is facilitating “a very attractive entry point,” says Thomas. Slot Machine Casino San Jose Ilcq In March, the real estate company partnered with private equity firm Apollo Global Management (NYSE:APO) to acquire Venetibovada casino oddsan, Palazzo and Sands Expo and Convention Center from Las Vegas Sands (NYSE:LVS) for . 25 billion. VICI is shelling out billion for the property assets. borgata casino customer service phone number The gaming REIT is directing proceeds from the September share sale to finance that deal. big dollar casino free spins no deposit VICI Stock Still AttractiveWhile VICI is mired in a slump, the Caesars Palace owner has a knack for savvy deal-making. Although it’s digesting multiple transactions today, it could remain a player for gaming and non-gaming real estate assets, according to KeyBanc’s Thomas.

While growth off a relatively larger [real estate] base makes it more difficult, VICI’s appetite remains healthy, with the investment landscape still ripe for both gaming and non-gaming investments in the United States and abroad,” said the analyst. royal ace casino 50 free chip fanduel casino michigan app Online Casino Mit Poker Xfrm As the recent sale of the Cosmopolitan confirms, appetite for Las Vegas gaming properties remains strong, and market observers expect that as the US gaming industry continues rebounding from the coronavirus pandemic, more regional casinos – of which VICI owns an extensive portfolio — could hit the market. In August, the gaming landlord said it’s acquiring rival MGM Growth Properties for . ruby slots free coolcat casino codes 2 billion in stock. Foxwoods Resort Casino 301 Odds Lmgk The transaction created the largest owner of Las Vegas Strip casino real estate. jackson rancheria casino events VICI is taking on . kansas star casino tin lizard harrah s casino kings mountain nc 7 billion in MGP debt in that deal. the online gambling law Casino Senator Golden Palace Tsaghkadzor Armenia Zpff

Future Upgrade for VICIVICI currently owns the property assets of 28 gaming venues with its tenant roster, including Caesars Entertainment, Centurybovada casino odds Casinos, and Penn National Gaming, among others. casino n.s.w KeyBanc’s Thomas notes the gaming REIT is “en route to obtain an [investment grade] rating from S&P in the months ahead. ” That could be a catalyst for VICI stocks, because the landlord currently carries a “BB” rating — junk status — from S&P, though the outlook on that grade is “positive. ” An improved credit grade could lower VICI’s financing costs if it issues debt in the future. The stock yields 4. 99 percent, or more than double the dividend yield on the MSCI US Investable Market Real Estate 25/50 Index. Martha Stewart is rumored to be setting up a home in Las Vegas, and she’s inviting you to be her guest.

Martha Stewart attends an event in New York City in October of 2019. The lifestyle celebrity is rumored to be embarking on a Las Vegas