Casino REITs well-positioned during pandemic

Three casino REITs — Gaming & Leisure Properties, VICI Properties and MGM Growth Properties — have enjoyed some stability despite the impact of the pandemic. “Rent collection and occupancy rates have remained essentially spotless throughout the pandemic,” according to Hoya Capital, which also noted that the casino REIT sector has generated an annualized total return of 14.5% since the beginning of 2015.