nugget casino reno bingoThose escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.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.The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif.bellagio casino smoking policyA 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.That gauge is on a torrid pace of late, soaring in April and May.In 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.boomtown casino shreveport

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island view casino lazy river(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.Caesars Entertainment (NASDAQ:CZR) is VICI’s biggest client, but unlike MGP, it has other tenants.Good Times for Gaming REITsThere are three publicly traded gaming REITs in the US – Gaming and Leisure Properties, Inc.caesar windsor casino hoursThat’s well ahead of the 34.That move is broadly applauded by analysts, as it will help the real estate firm gain greater autonomy.While MGP currently lacks tenant diversity, Baird said the name offers upside possibilities by way of potential equity index inclusion and acquisitions.fanduel casino wv no deposit bonus

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online casino like bovadaOver the past year, shares of the two gaming REITs are up an average of 46 percent.Last year, during the COVID-19 pandemic, cards accounted for more than half of the payments.Additionally, MGM is expected to continue paring its stake in MGP.”The report comes at a time when cashless is becoming king across the pond.“Preference for cashless skews to younger gamblers, moderate-risk gamblers, and problem gamblers.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.golden nugget casino reno