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borgata casino covid updateCashless 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.The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif.(NASDAQ:GLPI), MGM Growth, and VICI.doubledown casino texas hold emThose who prefer to bet with cash say it not only lets them better control how much they spend, it also affords them privacy.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.In addition, 85 percent of those surveyed who had played at a land-based casino in the pastfree slots 3 lines year said cashless gaming solutions too easily allow individuals to bet more than they intended.river spirit casino santana

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pechanga casino food courtIn addition, 85 percent of those surveyed who had played at a land-based casino in the pastfree slots 3 lines year said cashless gaming solutions too easily allow individuals to bet more than they intended.The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif.For example, Caesars Palace owner VICI has rent escalators in its tenant contracts which are tied to the Consumer Price Index (CPI).island resort and casino appOver the past year, shares of the two gaming REITs are up an average of 46 percent.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.The concern for now, though, is that most bettors surveyed did not care for gaming companies to have that level of access.seven feathers casino dining

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bellagio casino gym(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.That gauge is on a torrid pace of late, soaring in April and May.That’s well ahead of the 34.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.The concern for now, though, is that most bettors surveyed did not care for gaming companies to have that level of access.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.morongo casino coronavirus update

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