poker palace casinoThose 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.Following the recent acquisition of MGM Springfield, MGP owns essentially all of the property on which MGM’s domestic casinos operate.”The report comes at a time when cashless is becoming king across the pond.soaring eagle casino new years eve 2021This 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.Additionally, MGM is expected to continue paring its stake in MGP.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.tahachi casino

gold coast casino gift shop

admiral casino readingThe VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif.The research firm also likes the duo as plays on rising inflation.The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif.doubledown casino promosThose escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.Today, the likes of MGP and VICI are thriving.Cashless App May Have Some Benefit, UKGC SaysWhile the Gambling Commission’s study points out the potential pitfalls with cashless gaming, it also points out that the technology comes with potential benefits as well.3 card poker casino strategy

resorts casino live chat

harrah s cherokee casino atlantaA 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.“Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.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.Following the recent acquisition of MGM Springfield, MGP owns essentially all of the property on which MGM’s domestic casinos operate.Overall, 22 percent said they would like a cashless gaming app and would be fine with operations having access.free online poker reviews