Gaming and Leisure Properties, Inc.: Monetizing the Real Estate Behind America’s Casinos
Company Overview Core Business Gaming Real Estate Ownership: GLPI owns the underlying real estate of casinos, racetracks, and related entertainment properties and leases them to gaming operators. Its tenants include PENN Entertainment, Bally’s, Caesars Entertainment, Boyd Gaming, and The Cordish Companies, among others. Triple-Net Leases: Under its primary lease structure, tenants are responsible for most…