Company Overview

Business Description

Sector
Real Estate
Industry
Real Estate
Headquarters
United States of America US
Employees
20
IPO date
Oct 14, 2013

Gaming and Leisure Properties is a real estate investment trust that owns casino properties and leases them to gambling operators. It does not run the casinos itself. Instead, it buys the buildings and land, then signs long-term leases with companies that operate the gaming business inside those properties.

Its main customers are casino operators that want to free up capital by selling real estate while keeping control of the day-to-day business. GLPI makes money mainly from rental income under these leases, and it often structures agreements so the tenant pays property costs and maintenance. That gives the company a steady, contract-based income stream tied to casino real estate.

What makes GLPI different is that it sits between the property market and the gaming industry. It owns a specialized class of real estate that is hard to replace and usually tied to local or regional casino licenses, which makes the leases valuable to operators. For investors, the business is really about collecting rent from gaming properties rather than taking direct gambling risk.

Gaming and Leisure Properties Inc Investor Relations

Address
845 Berkshire Blvd, Suite 200
Wyomissing, Pennsylvania
United States of America

Business Segments

Casino property leasing

The company owns gaming and entertainment properties and leases them to casino operators. It handles the real estate side of casino buildings and related land, while the operators run the gambling and hospitality busines...

Customers and revenue model

Management

Mr. Peter M. Carlino

Chairman of the Board & CEO

Biography unavailable

Mr. Brandon John Moore

President, COO & Secretary

Biography unavailable

Ms. Desiree A. Burke CPA

CFO & Treasurer

Biography unavailable

Mr. Matthew R. Demchyk CFA

Senior VP & Chief Investment Officer

Biography unavailable

Mr. Steven L. Ladany

Senior VP & Chief Development Officer

Biography unavailable

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