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hard rock casino gamblingThat prompted some concern in the investment community regarding the ability of the gaming REITs to collect April rent. Thus far, that hasn’t been an issue, with GLP and Vici each saying essentially all tenants paid rent for the fourth month of the year.With May 1 just two days away and US casinos having been shuttered for all of this month, the lease obligation concern is back. That prompted some concern in the investment community regarding the ability of the gaming REITs to collect April rent. what time does sam s town casino closeNone of the Nevada Gaming Control Board’s metered markets posted a year-over-year GGR increase.March’s dismal performance trailed three consecutive months in which Nevada casinos won more than billion in each. GGR from slot machines decreased 37 percent to 4.97 million. a Instinet analyst Daniel Adam believes the property firms are the best bets for investors positioning for an industry resurgence.With the COVID-19 pandemic having resulted in casino closures throughout the world, rather than choose winners and losers among the operators, we consider the Gaming REITs to be a much safer way for equity investors to gain exposure to an eventual recovery in Gaming,” he wrote in a recent note to clients.Some market participants appear to agree with Adam’s assessment, as shares of the three REITs soared off their 52-week lows. luckyland slots facebook

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online casino debit card depositThe coronavirus originated out of China, and President Donald Trump issued a travel ban January 31 barring entries on anyone who had been in the People’s Republic within the previous 14 days.China is the single largest outbound travel market in the world in terms of spending. That prompted some concern in the investment community regarding the ability of the gaming REITs to collect April rent. Those who venture from the mainland to Sin City often play high-stakes baccarat. February was the best February in the history of Nevada’s legal gaming industry. Nevada casinos won just 8.1 million on their floors last month from being closed for nearly half of March because of the COVID-19 pandemic. As a result, statewide gross gaming revenue (GGR) plummeted 39.57 percent, compared with March 2019.The Las Vegas Strip was hurt even worse, as casinos there won just shy of 0 million – a seneca niagara casino dreb code fkik45.6 percent drop. il rivers sportsbook