morongo casino faq“To protect gamblers, this should be in addition to, not instead of, the option to pay by cash,” the report said.However, land-based gamblers who prefer to use cashless payments said that this was due to security, the speed and ease of making payments, having a record of transactions, and limiting contact in a post-COVID world,” the UKGC report stated.For example, Caesars Palace owner VICI has rent escalators in its tenant contracts which are tied to the Consumer Price Index (CPI).mohegan sun casino restaurantsCashless 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.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.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.cool cat casino account

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free casino slot games with bonus rounds real money”The report comes at a time when cashless is becoming king across the pond.Today, the likes of MGP and VICI are thriving.Additionally, MGM is expected to continue paring its stake in MGP.However, land-based gamblers who prefer to use cashless payments said that this was due to security, the speed and ease of making payments, having a record of transactions, and limiting contact in a post-COVID world,” the UKGC report stated.Additionally, MGM is expected to continue paring its stake in MGP.The VIP Mobility cashless gaming app is shown at the Viejas Casino and Resort in Alpine, Calif.mgm grand casino games