Gaming and Leisure Properties(NASDAQ:GLPI) received a boost on Wednesday after Deutsche Bank upgraded the casino-focused real estate investment trust (REIT) from “Hold” to “Buy,” citing a robust pipeline, favorable valuation metrics, and a well-positioned balance sheet. The investment bank also rais
The Ione Band of Miwok Indians has closed a $110,000,000 delayed draw term loan facility sourced from Gaming and Leisure Properties (GLPI). The tribe has an option at the end of the loan term to satisfy the loan obligation by converting the outstanding principal into a long-term lease with an initia
Gaming and Leisure Properties President Brandon Moore cleared up any misconceptions about the company’s intentions on financing the development of its 35-acre Las Vegas Strip parcel where a new baseball stadium will be built.The Oakland Athletics are on their own in financing a $1.5 billion Major Le
Gaming and Leisure Properties exceeds expectationsBarry Jonas of Truist Securities looked at Gaming & Leisure Properties’ 3Q results October 25.“GLPI’s Q3 adjusted funds from operations beat our/Street estimates by +2%/+1%, with management narrowing its adjusted funds from operations/share guide
Gaming & Leisure Properties announced record-breaking revenue for the third quarter of 2024, fueled by strategic acquisitions and expanding partnerships in key gaming markets. The real estate investment trust reported revenue of $385.3 million, marking a 7.1% increase from the same period last y
Gaming and Leisure Properties, a real estate investment trust that owns 65 casinos across the United States, has promoted Brandon Moore to President, and he will continue as Chief Operating Officer, General Counsel and Secretary and report to GLPI Chairman and Chief Executive Officer Peter Carlino.“
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