island resort and casino riley greenOver the past year, shares of the two gaming REITs are up an average of 46 percent.A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.chinook winds casino concertsThose escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.However, 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.(NASDAQ:GLPI), MGM Growth, and VICI.chinook winds casino hotel lincoln city

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choctaw casino sky towerGood Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.The research firm also likes the duo as plays on rising inflation.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.free slot games download for pcEven though there are concerns that the technology may lead to problem gambling, the study said an app that would allow players to track their betting and give operators the ability to monitor the amount of time and money players spent could be benintertops casino legiteficial to help those at-risk.“To protect gamblers, this should be in addition to, not instead of, the option to pay by cash,” the report said.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.casino near me las vegas

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sunset station casino moviesAt 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.“Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.(NASDAQ:GLPI), MGM Growth, and VICI.But 45 percent said they flatly would not like such an app.A 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.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.boomtown casino sportsbook