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Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 60 casino properties, all of which are leased to other companies.
Table games were added to the gaming floor in 2010, and Charles Town Races and Slots became Hollywood Casino at Charles Town Races, adopting the Hollywood brand used for several of Penn National's other properties. [22] [23] [24] An event center for live concerts and shows was also added.
Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 4.71% and 8.74%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for ...
Gaming and Leisure Properties (GLPI) is expected to have generated stable cash flow from triple-net master leases and benefited from interest-rate savings from refinancing in Q4.
Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of 1.16% and 6.00%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
In April 2016, the property was sold to Gaming and Leisure Properties along with almost all of Pinnacle's real estate assets, and leased back to Pinnacle. [ 5 ] [ 6 ] Penn National Gaming (now Penn Entertainment) acquired Pinnacle in October 2018, including the operations the resort.
Gaming and Leisure Properties (GLPI) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Gaming and Leisure Properties (GLPI) delivered FFO and revenue surprises of -1.12% and 1.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for ...