2025.12.14
free 9 line slotsOperators with exposure to multiple states are saying they expect various timelines as to when their properties will be open again.With May 1 just two days away and US casinos having been shuttered for all of this month, the lease obligation concern is back.Thus far, that hasn’t been an issue, with GLP and Vici each saying essentially all tenants paid rent for the fourth month of the year.twin river casino hoursThat prompted some concern in the investment community regarding the ability of the gaming REITs to collect April rent.With May 1 just two days away and US casinos having been shuttered for all of this month, the lease obligation concern is back.Those deals will take some time to close, giving TRWH the ability to repay an existing credit revolver and then borrow on it again in the future.doubledown casino best slot machine thunderstruck 2 online casinotwin river casino food courtThose names could be investors’ preferred avenues for wagering on the industry’s post-coronavirus resurgence, according to one analyst.With May 1 just two days away and US casinos having been shuttered for all of this month, the lease obligation concern is back.The company has no debt maturities coming due until 2024.black oak casino ageNear-Term TestsThe May rent payment cycle could prove telling for the real estate firms, because some analysts believe operators could skirt those obligations for a month or two simply to conserve cash.Not Much Vision on ReopeningTwin River’s gaming property roster is currently comprised of seven casinos – two in Rhode Island, one in Mississippi, one in Delaware, and three casinos plus a horse racetrack in Colorado.Some market participants appear to agree with Adam’s assessment, as shares of the three REITs soared off their 52-week lows.casino mgm 999 slot crazy casinocool cat casino legitOn a brighter note, analysts are lauding the company’s recent purchases.Fortunately for the real estate companies, insolvency for tenants is a way’s off, as even the financially flimsiest of gaming companies has enough capital on hand to survive at least another year with no money coming in.However, Nomura Instinet analyst Daniel Adam believes the property firms are the best bets for investors positioning for an industry resurgence.Gaming and Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP) and Vici Properties (NYSE:VICI) comprise the publicly traded universe of domestic gaming real estate assets.73 percent, respectively.Near-Term TestsThe May rent payment cycle could prove telling for the real estate firms, because some analysts believe operators could skirt those obligations for a month or two simply to conserve cash.roulette casino wheel chumba casino money |