Gaming & Leisure Properties Inc (GLPI) is a self-administered and self-managed real estate investment trust (REIT). The company owns, develops and manages retail real estate through establishing discretionary opportunities to acquire additional gaming facilities. Its portfolio includes Hollywood Casino Joliet, Argosy Casino Riverside, Isle Casino Hotel Waterloo and Belterra Casino Resort, among others. The company operates across Louisiana, Maryland, Missouri, Colorado, Illinois, Indiana, Nevada, Mississippi, Pennsylvania, Delaware, Massachusetts and New Jersey, the US. GLPI is headquartered in Wyomissing, Pennsylvania, the US.
Headquarters
United States of America
Address
845 Berkshire Blvd, Suite 200, Wyomissing, Pennsylvania, 19610
Website
www.glpropinc.com
Telephone
1 610 4012900
No of Employees
18
Industry
Construction
Ticker Symbol & Exchange
GLPI (NASD)
Revenue (2022)
$1.4B
9.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
7.2%
(2022 vs 2021)
Market Cap*
$11.8B
Net Profit Margin (2022)
XYZ
-2.3%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Services |
|---|
| Acquiring, Financing and Owning Real Estate Properties |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Asset Purchase | In February, the company acquired the real estate assets of Tioga Downs Casino Resort from American Racing & Entertainment, LLC in Nichols, the US. |
| 2022 | Contracts/Agreements | In June, the company entered into an agreement with Bally’s Corporation to acquire the real property assets of Bally’s two Rhode Island casino properties, Bally’s Twin River Lincoln Casino Resort and Bally’s Tiverton Casino & Hotel. |
| 2021 | Contracts/Agreements | In December, the company announced the completion of its acquisition of the land and real estate assets of Liven Casino & Hotel Maryland from The Cordish Companies. |
Competitor Comparison
| Key Parameters | Gaming & Leisure Properties Inc | Simon Property Group Inc | VICI Properties Inc | MGM Growth Properties LLC | Acadia Realty Trust |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Wyomissing | Indianapolis | New York | Las Vegas | Rye |
| State/Province | Pennsylvania | Indiana | New York | Nevada | New York |
| No. of Employees | 18 | 2,500 | 28 | 3 | 117 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter M Carlino | Chairman; Chief Executive Officer | Executive Board | 2013 | 76 |
| Desiree A Burke | Treasurer; Chief Financial Officer | Senior Management | 2022 | 57 |
| Brandon J Moore | General Counsel; Secretary; Chief Operating Officer | Senior Management | 2022 | 48 |
| Matthew Demchyk | Senior Vice President; Chief Investment Officer | Senior Management | 2021 | 41 |
| Steven L Ladany | Senior Vice President; Chief Development Officer | Senior Management | 2021 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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