Description
Gaming and Leisure Properties, Inc. (GLPI) is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company holds directly or indirectly all of the assets and liabilities associated with the real property interests and real estate development business related to Penn National Gaming, Inc.’s (Penn) gaming operations, as well as the assets and liabilities of Louisiana Casino Cruises, Inc. (Hollywood Casino Baton Rouge) and Penn Cecil Maryland, Inc. (Hollywood Casino Perryville). On November 1, 2013, Penn completed the spin-off of GLPI. The Company focuses to acquire additional gaming facilities to lease to gaming operators. GLPI also is focused on diversifying its portfolio by acquiring properties outside the gaming industry to lease to third parties.
Address
Suite 400, 825 BERKSHIRE BLVD
WYOMISSING, PA 19610
United States
WYOMISSING, PA 19610
United States
Key stats and ratios
| Q3 (Sep '13) | 2012 | |
| Net profit margin | 6.76% | 10.88% |
| Operating margin | 14.29% | 20.73% |
| EBITD margin | - | 27.42% |
| Return on average assets | 4.04% | 8.69% |
| Return on average equity | 4.40% | 10.05% |
| Employees | 900 |
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