Gaming and Leisure Properties, Inc. (GLPI), incorporated on February 13, 2013, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company's segments include GLP Capital, L.P. (GLP Capital), a subsidiary of GLPI, through which the Company owns all of its real estate assets, and the TRS Properties, which consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The GLP Capital segment consists of the leased real property and represents the Company's business. As of December 31, 2016, the Company had 34 rental properties, consisting of the real property associated with 18 gaming and related facilities operated by Penn National Gaming, Inc. (Penn), the real property associated with 15 gaming and related facilities operated by Pinnacle Entertainment, Inc. (Pinnacle), and the real property associated with the Casino Queen in East St. Louis, Illinois. As of December 31, 2016, these facilities were geographically diversified across 14 states and contained approximately 14.8 million of rentable square feet.

Tenants

As of December 31, 2016, the Company owned 73.6 acres and leased 32.1 acres in Lawrenceburg, Indiana, a portion of which served as the dockside embarkation for the gaming vessel, and included a Hollywood-themed casino riverboat, an entertainment pavilion, a 295-room hotel, two parking garages and an adjacent surface lot, with the other portion used for remote parking. It owns a dockside barge structure and land-based pavilion in Aurora, Illinois. The Hollywood Casino Aurora property also includes a parking lot under an operating lease agreement and two parking garages under capital lease agreements. As of December 31, 2016, the Company owned 276.4 acres in Joliet, Illinois, which included a barge-based casino, land-based pavilion, a 100-room hotel, a parking garage, surface parking areas and a recreational vehicle park. As of December 31, 2016, it leased 3.6 acres in Alton, Illinois, a portion of which served as the dockside boarding for the Alton Belle II, a riverboat casino. The dockside facility includes an entertainment pavilion and office space, as well as surface parking areas.

In addition, as of December 31, 2016, it owned a 43.8-acre site in Toledo, Ohio. The property includes the casino, as well as structured and surface parking. As of December 31, 2016, the Company owned 116.2 acres of land in Columbus, Ohio. As of December 31, 2016, the Company owned 298.6 acres on various parcels in Charles Town and Ranson, West Virginia of which 155 acres consisted of Hollywood Casino at Charles Town Races. As of December 31, 2016, the facility included a 153-room hotel and a 3/4-mile all-weather lighted thoroughbred racetrack, a training track, two parking garages, an employee parking lot, an enclosed grandstand/clubhouse and housing facilities for over 1,300 horses. As of December 31, 2016, the Company owned 573.7 acres in Grantville, Pennsylvania. The facility includes a one-mile all-weather lighted thoroughbred racetrack and a 7/8-mile turf track, a parking garage and surface parking spaces. As of December 31, 2016, it also owned 83.5 acres on the southeast corner of Las Vegas Boulevard and St. Rose Parkway in Henderson, Nevada, where the M Resort was located. As of December 31, 2016, the M Resort property included a 390-room hotel and a parking facility.

As of December 31, 2016, the Company leased 2.5 acres in Bangor, Maine on which Hollywood Casino Bangor was located, and it also owned 6.4 acres adjacent to the casino on which a 152-room hotel and a four-story parking garage were located. In addition, as of December 31, 2016, the Company leased 35.4 acres at and around Bass Park, which was adjacent to the facility, and included a one-half mile standardbred racetrack, a grandstand with over 12,000 square feet and seating for 3,500 patrons and parking. As of December 31, 2016, the Company owned 317.4 acres in Hobbs, New Mexico, and the property also included a one-mile quarter thoroughbred racetrack. As of December 31, 2016, the Company owned 578.7 acres in the city of Bay St. Louis, Mississippi, including a 20-slip marina, and the property included a land-based casino, 18-hole golf course, a 291-room hotel, a recreational vehicle park and other facilities. As of December 31, 2016, the Company owned 37.9 acres in Riverside, Missouri, which included a barge-based casino, a 258-room luxury hotel, an entertainment/banquet facility and a parking garage. As of December 31, 2016, the Company leased 67.7 acres of land in Tunica, Mississippi and included a single-level casino, a 494-room hotel, surface parking and other land-based facilities.

As of December 31, 2016, the Company also leased one acre of land mostly used for parking and a welcome center and own an additional 1.5 acres in Biloxi, Mississippi and in addition, its tenant had rights to 18.5 acres of land, which is utilized for the gaming location and 4.5 acres of submerged tidelands at the casino site. As of December 31, 2016, the Company owned 247.8 acres along the Missouri River in Maryland Heights, Missouri, which included a 502-room hotel and structure and surface parking. As of December 31, 2016, it also owned 119.7 acres in Dayton, Ohio, and included a land-based casino, a 5/8-mile all-weather standardbred racetrack and surface parking. As of December 31, 2016, the Company owned 67.2 acres in East St. Louis, Illinois, which included a 157-room hotel, a recreational vehicle park and surface parking areas. As of December 31, 2016, it also owned 104.1 acres in Black Hawk, Colorado, which included a land based casino and a 535 room hotel. As of December 31, 2016, it leased 21.6 acres in East Chicago, Indiana, which is located approximately 25 miles from downtown Chicago, Illinois; owned 167.1 acres and leased an additional 148.5 acres in Florence, Indiana; owned 36.2 acres and leased an additional 22.6 acres in Council Bluffs, Iowa; owned 21.8 acres on the banks of the Red River in Bossier City, Louisiana; leased 234.5 acres in Lake Charles, Louisiana; owned 74.1 acres in Vicksburg, Mississippi; owned 241.2 acres in St. Charles, Missouri, along the west bank of the Missouri River, and owned 79.5 acres in Jackpot, Nevada, encompassing Cactus Pete's and The Horseshu.

TRS Properties

The Company's Hollywood Casino Baton Rouge is a dockside riverboat gaming facility operating in Baton Rouge, Louisiana. As of December 31, 2016, the riverboat featured approximately 28,000 square feet of gaming space with 923 gaming machines and 12 table games. As of December 31, 2016, the facility also included a two-story, 58,000 square foot dockside building featuring a range of amenities, including a grill, a 268-seat buffet, a deli, a players' lounge, a nightclub, a lobby bar, a public atrium, two meeting rooms and 1,490 parking spaces. Its Hollywood Casino Perryville is located directly off Interstate 95 in Cecil County, Maryland, 35 miles northeast of Baltimore and 70 miles from Washington, District of Columbia. Hollywood Casino Perryville is a Hollywood-themed facility. As of December 31, 2016, Hollywood Casino Perryville offered 34,329 square feet of gaming space with 850 slot machines, 12 table games, 8 poker tables and a simulcast race book. As of December 31, 2016, the facility also offered various food and beverage options, including a bar and grill, a gift shop and 1,600 parking spaces with valet and self-parking.

The Company competes with MGM Resorts International.

845 Berkshire Blvd Ste 200

The company trades on NASDAQ exchange. The company headquarter is located in Pennsylvania, PA.

TickerGLPI
Long NameGaming and Leisure Properties, Inc.
Short NameGaming and Leisure Properties