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soaring eagle casino hotel phone numberThe buyer subsequently took the seller’s name.VICI’s benevolence didn’t end there. 7.As for resumption of IVS visas, that forecast is murkier, with Beijing giving no indications about the near-term fate of the program. That could put a dividend increase on the table next month, according to the analyst. seven feathers slots(Image: Reno Gazette-Journal)The gaming real estate investment trust (REIT) said it collected 100 percent of rent in the June quarter — no small feat when considering US casinos were closed for all of April and many were shuttered for significant portions of May and June. They did that while buying 23 acres of unused land on the Strip from the casino giant.Those deals were worth a combined 3.5 million and were pivotal in helping Eldorado complete its quest to acquire Caesars. For example, in June, the real estate firm helped Caesars, then Eldorado Resorts, monetize the Caesars Forum Convention Center at Caesars Palace on the Las Vegas Strip. borgata casino win lob statement

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bovada casino safeThat’s viewed as a major boost for Macau operators, because Guangdong is home to approximately 113 million residents, is the mainland province closest to Macau, and accounted for roughly half of entries to the SAR last year.More good news arrived later in the month when Beijing said it will resume issuing travel permits for mainland residents seeking entry to the gaming hub for academic, business, and family matters. When Beijing will resume issuing individual visit scheme (IVS) permits is another factor.After Guangdong, Hong Kong is the second-largest feeder market to Macau. The benefit to VICI is that the lease on that property will be extended by five years, and starting in April 2022, the rent will go up by an “incremental” .8 million.Shojaian said the deal with JACK is another example of VICI exchanging “value for value,” and that could facilitate more growth down the road.Other Fringe BenefitsAlthough VICI owns Caesars Palace and Harrah’s on the Las Vegas Strip — an area that’s struggling mightily because of the coronavirus pandemic — the largest US gaming center accounts for just 30 percent of the real estate firm’s annual rental incomeblack bear casino food wsxc, a favorable trait in today’s challenging climate.Shojaian noted that VICI’s payout ratio based on a run-rate of acquired funds from operations (AFFO) is 64 percent, well below the 80 percent average on its peers. borgata casino live musicVICI Properties (NYSE:VICI) reported second-quarter results on Wednesday that narrowly beat Wall Street forecasts. The REIT struck a deal with JACK Entertainment whereby it will spend million to refurbish the patio area at JACK Thistledown Racino in Ohio. Late last month, Hong Kong extended its 14-day quaranblack bear casino food wsxctine policy on travelers arriving from the gaming center to at least Sept. harrah s casino vegas

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bc slots group pullBut there was a clear, important catalyst for the incremental improvement in Macau last month.On July 15, Guangdong province eliminated its 14-day quarantine policy aimed at travelers arriving from the gaming center. VICI said that positive trend is continuing, as it’s collected all of owed July lease obligations.VICI remains our top idea of the gaming REITs, a space where we are bullish,” said Wolfe Research analyst Jared Shojaian.“We see attractive value and a path to multiple re-rating from gaming REIT convergence to the triple-net REIT average, improvement to its key tenant, Caesars and record low interest rates,” he continued.In late June, Shojaian initiated coverage of VICI with an “outpblack bear casino food wsxcerform” rating. 7.As for resumption of IVS visas, that forecast is murkier, with Beijing giving no indications about the near-term fate of the program. For example, in June, the real estate firm helped Caesars, then Eldorado Resorts, monetize the Caesars Forum Convention Center at Caesars Palace on the Las Vegas Strip. Late last month, Hong Kong extended its 14-day quaranblack bear casino food wsxctine policy on travelers arriving from the gaming center to at least Sept. VICI Properties (NYSE:VICI) reported second-quarter results on Wednesday that narrowly beat Wall Street forecasts. free casino slot games to play for free online