lake tahoe casino explosionA study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.In addition, 85 percent of those surveyed who had played at a land-based casino in the pastcasino extreme 1000 free spins year said cashless gaming solutions too easily allow individuals to bet more than they intended.free online poker vs computerIn 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.(Image: Viejas Casino and Resort)The survey found that 79 percent of bettors believe using cash allows them to “feel in control” of how much they risk.Additionally, MGM is expected to continue paring its stake in MGP.luckyland casino no deposit bonus codes 2021

scarlet pearl casino commercial

locations of golden nugget casinosEven 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 bencasino extreme 1000 free spinseficial to help those at-risk.Those who prefer to bet with cash say it not only lets them better control how much they spend, it also affords them privacy.But 45 percent said they flatly would not like such an app.black hawk casino weatherThat’s well ahead of the 34.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.tachi palace casino lemoore california

holland casino online poker review

angel of the winds casino car show 2020Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.Caesars Entertainment (NASDAQ:CZR) is VICI’s biggest client, but unlike MGP, it has other tenants.At 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.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.“Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.phone number to winstar world casino