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Wynns Been a Losing Bet, but These Casino Stocks Could Be Ready to Roll

Wynn’s Been a Losing Bet, but These Casino Stocks Could Be Ready to Roll Vici is a triple-net-lease gaming REIT (tenants cover taxes, insurance and maintenance costs for the properties). It yields 7.2% and looks appealing for its organic growth and acquisitions, McKnight writes. VICI is a real estate spin-off that emerged from the bankruptcy of Caesars Entertainment (CZR). It owns the real estate of 18 of Caesars’ regional assets and three Vegas properties, along with one of Penn National Gaming’s (PENN) assets. Cash flow are secure, McKnight writes, at 3.5 times rental coverage. He sees 8.1% growth in adjusted funds from operations to 2021. The shares trade at 13 times 2019 AFFO, in line with peers such as MGM Growth Properties (MGP). His price target is $24, implying 19% upside from recent prices. Gaming and Leisure Properties, yielding 7.2%, is one of the largest gaming REITs, owning the real estate of 45 regional casino properties, all under triple-net-lease structures. The company owns most of PENN’s real estate and Pinnacle’s (PNK) gaming assets, and recently added Eldorado Resorts (ERI) and Boyd Gaming as tenants. The casino industry remains fragmented outside Vegas, giving GLPI lots of acquisition targets, McKnight writes.

For the original version including any supplementary images or video, visit https://www.barrons.com/articles/when-gambling-with-casino-stocks-look-beyond-vegas-and-macau-1534273734

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Slot machine betting systems that dont actually work

Slot machines are one of the most played games in the gambling industry. This is largely due to the fact they’re easy to play, are hugely entertaining, and can result in a massive jackpot if you’re lucky. This is a rare system where its advantages could actually be argued. This is a system where you increase your bets when winning and lower them when losing. It’s an attempt to take advantage of streaks. However, it’s impossible to know when a streak is going to begin and, therefore, this system seems pretty pointless. Remember, the house will always have the edge.

For the original version including any supplementary images or video, visit http://www.bmmagazine.co.uk/business/slot-machine-betting-systems-that-dont-actually-work/

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