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golden nugget casino biloxi phone numberThose 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 remaining third would like an app, provided theThose escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.nearest casino in escondidoOver the past year, shares of the two gaming REITs are up an average of 46 percent.This structure is common in commercial real estate, and the tenant, say MGM Resorts International (NYSE:MGM), pays for all the property maintenance as if it owned it outright.It noted that three years ago debit cards for the first time overtook cash as the primary payment source in Great Britain.mgm casino hotel national harbor

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black oak casino open or closedThe research firm also likes the duo as plays on rising inflation.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.Caesars Entertainment (NASDAQ:CZR) is VICI’s biggest client, but unlike MGP, it has other tenants.free slot machines vegasFor example, Caesars Palace owner VICI has rent escalators in its tenant contracts which are tied to the Consumer Price Index (CPI).Last year, during the COVID-19 pandemic, cards accounted for more than half of the payments.In addition, 85 percent of those surveyed who had played at a land-based casino in the past6 casino court torquay year said cashless gaming solutions too easily allow individuals to bet more than they intended.chinook winds casino twitter

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little river casino resort manistee(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.Following the recent acquisition of MGM Springfield, MGP owns essentially all of the property on which MGM’s domestic casinos operate.Additionally, MGM is expected to continue paring its stake in MGP.Caesars Entertainment (NASDAQ:CZR) is VICI’s biggest client, but unlike MGP, it has other tenants.Those escalators imply VICI and other REITs have pricing power, explaining why investors historically favor real estate as an inflation play.little river casino crab legs

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