GLPI

Closed

Gaming & Leisure Properties

47.43

+0.75 (+1.61%)

Last Update: 01 Jul 2025 23:00:00

Yesterday: 46.68

Day's Range: 46.72 - 47.74

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When Written:

51.61

Gaming & Leisure Properties (GLPI) is a real estate investment trust (REIT) that owns and leases gaming and related facilities. The company was formed in 2013 as a spin-off from Penn National Gaming, Inc. and is headquartered in Wyomissing, Pennsylvania.

GLPI's portfolio includes 45 properties in 16 states, primarily casinos and racetracks. The company's tenants include major gaming operators such as Penn National Gaming, Boyd Gaming, and Caesars Entertainment.

GLPI's business model is focused on owning the real estate assets and leasing them to operators, which allows the company to generate stable rental income and avoid the operational risks associated with the gaming industry. The company also seeks to acquire new properties and expand its portfolio through strategic acquisitions.

GLPI is publicly traded on the NASDAQ stock exchange under the ticker symbol "GLPI" and is included in the S&P 500 index. As of 2021, the company had a market capitalization of approximately $11 billion.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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