2025.11.09
online gambling stocks 2021At 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.Over the past year, shares of the two gaming REITs are up an average of 46 percent.A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies.chinook winds casino golf course”The report comes at a time when cashless is becoming king across the pond.For example, Caesars Palace owner VICI has rent escalators in its tenant contracts which are tied to the Consumer Price Index (CPI).A study released late last week by the UK Gambling Commission shows that British bettors are wary of cashless gaming technologies.o casino oostende www.black lotus casinois hard rock casino open 24 hoursHowever, 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.Other Reasons to Like MGP, VICIBaird favors gaming REITs among net lease names because there’s less competition anencore casino transportationd the product isn’t commoditized.”The report comes at a time when cashless is becoming king across the pond.harrah s cherokee casino entertainmentToday, the likes of MGP and VICI are thriving.”The report comes at a time when cashless is becoming king across the pond.“To protect gamblers, this should be in addition to, not instead of, the option to pay by cash,” the report said.caesar casino atlantic city phone number free slots real prizeschinook winds casino hrIn 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.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.It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain.The British public agency commissioned 2CV to conduct an online survey of 314 people who had wagered in a casino or other land-based venue in the past 12 months.Caesars Entertainment (NASDAQ:CZR) is VICI’s biggest client, but unlike MGP, it has other tenants.Over the past year, shares of the two gaming REITs are up an average of 46 percent.online casino promotions no deposit bonus online casino table games |