2025.12.15
miami club casino mobile downloadGaming 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.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.The company has no debt maturities coming due until 2024.coushatta casino daycareWith May 1 just two days away and US casinos having been shuttered for all of this month, the lease obligation concern is back.That prompted some concern in the investment community regarding the ability of the gaming REITs to collect April rent.“There is a real risk that tenants may look to their rent obligations to conserve cash, while their facilities are closed or are operating with minimal business volumes,” said Fitch Ratings in a recent notraging bull casino sign in fanduel casino wv promo codecasino themed birthday party“While we remain optimistic about reopekansas star casino and hotelning, this additional financing ensures we have the financial resources necessary to continue funding operations, servicing our obligations, and pursing organic and strategic growth opportunities through the COVID-19 crisis,” said TRWH CEO George Papanier.also paying million to purchase Bally’s on the Atlantic City, N.Allaying ConcernsDomestic casino closures forced by COVID-19 commenced in mid-March.blackjack online casino live dealerThus 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.Gaming REITs, such as Caesars Palace owner Vici, look like sound bets, according to one analyst.With kansas star casino and hotelthe COVID-19 pandemic having resulted in casino closures throughout the world, rather than choose winners and losers among the operators, we consider the Gaming REITs to be a much safer way for equity investors to gain exposure to an eventual recovery in Gaming,” he wrote in a recent note to clients.four winds casino michigan city mohegan sun casino gift shopfree casino slot games without signing inGLP and Vici have multiple tenants, while kansas star casino and hotelMGP is solely reliant on MGM Resorts International (NYSE:MGM) for its revenue stream.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.J.GLP has nearly doubled off its March nadir, while MGP and Vici are higher by 121.Gaming REITs, such as Caesars Palace owner Vici, look like sound bets, according to one analyst.Those names could be investors’ preferred avenues for wagering on the industry’s post-coronavirus resurgence, according to one analyst.online gambling for real money harrah s cherokee casino size |