Gaming and Leisure Properties is the nation’s first real estate investment trust focused on acquiring real property assets leased to gaming operators. Our portfolio of 65 premier gaming assets is geographically diversified across 20 states. Our tenants include PENN Entertainment, Caesars Entertainment, Boyd Gaming Corporation, The Queen Casino & Entertainment, Bally’s Corporation, The Cordish Companies, 815 Entertainment, American Racing and Entertainment, and Strategic Gaming Management.
Gaming and Leisure Properties
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Latest News
GLPI revenue increases 6.3% to $420m during Q1, net income rises 40.5%
The Q1 2026 net revenue figure represents a quarterly high for GLPI, while the organization’s adjusted EBITDA increased 9.1% from the prior year period for a total of $393m.
GLPI records all-time high revenues for Q4 and FY2025
Revenue generated during the fourth quarter of 2025 totaled $407m, equating to a rise of 4.5%, while GLPI’s FY2025 net revenue reached nearly $1.6bn for growth of 4.1% year-over-year.
GLPI outlines progress on $1.5bn in partner developments across five US casino projects
The update details new funding releases, construction milestones, and opening timelines across properties in California, Illinois, Louisiana, and Nevada, marking one of GLPI's busiest development periods in recent years.
GLPI reports Q3 revenue high of $397.6m, income up 30.7%
The operator also generated an all-time quarterly high in adjusted EBITDA and AFFO, which grew 5.8% and 5.1% year-over-year, respectively, for Q3 2025 totals of $366.4m and $282m.
GLPI purchases Live! Virginia land, will provide $440m in hard cost funding
The land acquisition cost GLPI $27m, as closing of the transaction is still subject to customary conditions, including the receipt of licenses and approvals from the Virginia Lottery Commission.