2025.09.14
online gambling 101Last year, during the COVID-19 pandemic, cards accounted for more than half of the payments.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies.caesar casino facebookIn the case of MGP, that real estate company is levered to recovery on the Las Vegas Strip, because it owns the bulk of MGM’s real estate there.“Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.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.black bear casino carlton mn sycuan casino human resourcesevi*mgm grand hotel casino”The report comes at a time when cashless is becoming king across the pond.Additionally, MGM is expected to continue paring its stake in MGP.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.video poker winning handsThis 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.Over the past year, shares of the two gaming REITs are up an average of 46 percent.“To protect gamblers, this should be in addition to, not instead of, the option to pay by cash,” the report said.online poker casino zurich aliante casino floor mapcoushatta casino trips from san antonioThat move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.Those who prefer to bet with cash say it not only lets them better control how much they spend, it also affords them privacy.The concern for now, though, is that most bettors surveyed did not care for gaming companies to have that level of access.It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain.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.Over the past year, shares of the two gaming REITs are up an average of 46 percent.3 card poker at casino twin river casino reopening phase 3 |