Gaming And Leisure Properties
   HOME
*





Gaming And Leisure Properties
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 55 casino properties, all of which are leased to other companies. History The company was created as a corporate spin-off from Penn National Gaming (now Penn Entertainment), effective November 1, 2013. The corporate breakup was designed to increase investor returns by taking advantage of the lack of federal income taxes on REITs. In November 2013, GLPI agreed to finance a proposed billion-dollar casino in Milford, Massachusetts, but the project was killed days later when town voters rejected the casino. In January 2014, the company acquired the real estate assets of the Casino Queen in East St. Louis, Illinois for $140 million, and leased them back to the casino's operating company for $14 million a year. GLPI also loaned $43 million to ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Russell 1000 Index
The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. , the stocks of the Russell 1000 Index had a weighted average market capitalization of $608.1 billion and a median market capitalization of $15.1 billion. , components ranged in market capitalization from $1.8 billion to $1.4 trillion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. The ticker symbol is ^RUI. There are several exchange-traded funds and mutual funds that track the index. Record values Annual returns Top sectors by weight *Technology *Consumer Discretionary *Health Care *Industrials *Financial services Top 10 holdings *Apple () *Microsoft () *Amazon () *Alphabet (Class A) () * Tesla () *Alphabet (Class C) () * Meta () *Nvidia () *Berkshire Hathaway () *UnitedHealth Group () (as of December ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Resorts Casino Tunica
Resorts Casino Tunica, formerly Southern Belle Casino and Harrah's Tunica Mardi Gras Casino, was a 201-room hotel and a casino located in Tunica Resorts, Mississippi. It was one of three casinos located in the "Casino Strip" area, along with Sam's Town and Hollywood Casino. Resorts was owned by Gaming & Leisure Properties and operated by Penn National Gaming. The resort closed in June 2019 due to declining revenue. History Southern Belle Casino (1994-1995) The casino was developed by Belle Casinos, a company that owned the Biloxi Belle casino on the Mississippi Gulf Coast and was owned primarily by restaurateur Jim Hasslocher. Construction was budgeted for $30 million, but ran up to $67 million. The Southern Belle Casino opened for a two-day test run on February 19, 1994, and then opened permanently on February 24. It was designed to resemble a Southern mansion, and had facilities including of gaming space, three restaurants, and a 1,500-seat event venue, the River Bend E ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Right Of First Refusal
Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. A first refusal right must have at least three parties: the owner, the third party or buyer, and the option holder. In general, the owner must make the same offer to the option holder ''before'' making the offer to the buyer. The right of first refusal is similar in concept to a call option. An ROFR can cover almost any sort of asset, including real estate, personal property, a patent license, a screenplay, or an interest in a business. It might also cover business transactions that are not strictly assets, such as the right to enter a joint venture or distribution arrangement. In entertainment, a right of first refusal on a concept or a screenplay would give the holder the right to make that movie first while in real ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Dover Downs
Bally's Dover Casino Resort, formerly Dover Downs, is a hotel, casino, and racetrack complex in Dover, Delaware. It has a harness horse racing track, which is surrounded by Dover Motor Speedway, a concrete track used for NASCAR motor racing events. The complex is owned by Gaming and Leisure Properties and operated by Bally's Corporation, excluding the motor racing circuit, which is owned by Speedway Motorsports. Primary features of Bally's Dover include a 500-room hotel, dining options, over 2,700 slot machines, 40 table games, and the Rollins Center, an multipurpose ballroom which features entertainment as well as hosting business conferences, conventions and banquets. Steelman Partners were the original architects and interior designers in 1995. History The horse track and the speedway opened together in 1969. The track opened its casino, Dover Downs Slots, on December 29, 1995, following the enactment the previous year of a law allowing slot machines at Delaware's horse ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Bally's Corporation
Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 states.Lou Monaco"Bally's Rebrands Kansas City Casino, Expansion Planned,"Top US Casinos, April 3, 2021. Additionally, the company owns the sports betting platform Bet.Works, daily fantasy sports operator Monkey Knife Fight, and SportCaller, a free-to-play game provider. The company was founded in 2004 as BLB Investors. It eventually changed its name to Twin River Worldwide Holdings. In 2020, the company acquired the rights to the Bally's brand from Caesars Entertainment and changed its own name to Bally's Corporation. History Bally's originated as BLB Investors. BLB was formed in 2004 as a joint venture between Starwood Capital Group, Kerzner International, and the Waterford Group for the purpose of launching a bid to acquire Wembley p ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Hollywood Casino Baton Rouge
Hollywood usually refers to: * Hollywood, Los Angeles, a neighborhood in California * Hollywood, a metonym for the cinema of the United States Hollywood may also refer to: Places United States * Hollywood District (other) * Hollywood, Alabama, a town in Jackson County * Hollywood, Homewood, Alabama and Hollywood Historic District, a former town and a historic district * Hollywood, Florida, a coastal city in Broward County * Hollywood, Georgia, an unincorporated community in Habersham County, Georgia * Hollywood, Maryland * Hollywood, Minnesota * Hollywood Township, Carver County, Minnesota * Hollywood, Mississippi * Hollywood (Benoit, Mississippi), * Hollywood, Missouri * Hollywood, New Mexico, a neighborhood of Ruidoso, Lincoln County, New Mexico * Hollywood, Portland, Oregon, a neighborhood in Portland, Oregon * Hollywood, Luzerne County, Pennsylvania * Hollywood, Montgomery County, Pennsylvania * Hollywood, South Carolina * Hollywood, Memphis, Tennessee * Holly ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Hollywood Casino Perryville
Hollywood Casino Perryville is a casino in Perryville, Maryland, owned by Gaming and Leisure Properties (GLP) and operated by Penn Entertainment. It was the first casino to open in the state on September 17, 2010. It has a gaming floor of , with over 1,500 slot machines. It also offers table games such as blackjack, craps, and roulette. There is a 10 table poker room near the casino's entrance. Hollywood Casino Perryville competes with casinos in Delaware, Pennsylvania, and Atlantic City. Penn National Gaming (now Penn Entertainment) purchased the casino's operating business from GLP in 2021 for $31 million, and leased the property from GLP for $7.8 million per year. Penn National bought the casino in hopes of entering the online betting market in Maryland, where voters had legalized sports betting Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Lumière Place
Horseshoe St. Louis, formerly Lumière Place, is a casino hotel in St. Louis, Missouri. It is owned by Gaming and Leisure Properties and operated by Caesars Entertainment. History Located in downtown St. Louis, Lumière Place opened on December 19, 2007 by Pinnacle Entertainment. The resort overlooks the Mississippi River and sits less than from the Gateway Arch and is within walking distance of the Dome at America's Center and Busch Stadium. The Horseshoe houses two hotels, the Hotel Lumière at the Arch and Four Seasons St. Louis, the only Missouri hotel to receive the AAA Five Diamond Award. The property won the Readers' Choice award for "Best Casino" in the 2013 Riverfront Times Best of St. Louis awards. In March 2014, Lumière Place hosted a World Series of Poker Circuit tournament. In April 2014, Tropicana Entertainment acquired the Lumière Place complex from Pinnacle Entertainment for $260 million. In April 2018, Tropicana struck an agreement to sell its real estate ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Tropicana Las Vegas
The Tropicana Las Vegas is a casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Bally's Corporation, on land leased from Gaming and Leisure Properties. It offers 1,467 rooms, a gaming floor, and of convention and exhibit space. This location, the Tropicana – Las Vegas Boulevard intersection, has the most hotel rooms of any intersection in the world. Pedestrians are not allowed to cross at street level. Instead, the Tropicana is linked by overhead pedestrian bridges to its neighboring casinos: to the north across Tropicana Avenue, the MGM Grand, and to the west across the Strip, the Excalibur. History In 1955, Ben Jaffe, an executive of the Fontainebleau Miami Beach, came to Las Vegas and bought a 40-acre parcel at the corner of Las Vegas Boulevard and Bond Road (now Tropicana Avenue). Jaffe aimed to build the finest hotel in Las Vegas, featuring a Cuban ambience, with four room themes for guests to choose from: French Provincial, Far Ea ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Belterra Park
Belterra Park, formerly known as River Downs, is a racino located in Anderson Township, Hamilton County, Ohio, just outside the southeast limits of Cincinnati. It is owned by Gaming and Leisure Properties and operated by Boyd Gaming. History River Downs opened in Cincinnati, Ohio in 1925 as the Coney Island Race Track. It was opened 15 years after the closing of a previous track in Cincinnati, Old Oakley Race Course. The race track sits right along the banks of the Ohio River, adjacent to the Coney Island water park and Riverbend Music Center. The famous horse Seabiscuit made two appearances at the track in 1936. His trainer "Silent Tom" Smith shipped the horse in from Detroit with jockey Red Pollard for two consecutive starts. On October 3, 1936, he ran third in the Western Hills Handicap and two weeks later he ran third in the Eastern Hills Handicap. The track managed to survive the disastrous Cincinnati flood of 1937 and re-opened under the name of "River Downs." ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Plainridge Park Casino
Plainridge Park Casino is a harness racing track and slot machine parlor in Plainville, Massachusetts. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. History Background and license (1990s) In 1997, Massachusetts's only harness racing track, Foxboro Park, was closed after a legal dispute between its owner, Robert Kraft, and its operator, Charles Sarkis. Two competing plans to resurrect the sport were soon brought before the Massachusetts Racing Commission, with Kraft seeking to reopen Foxboro under a new operator, while Gary Piontkowski, who had managed Foxboro under Sarkis, proposed to build a new track at a 90-acre site in Plainville. Kraft withdrew his application weeks later, however, leaving Piontkowski as harness racing's only hope in the state. The Racing Commission issued a conditional license for Piontkowski's proposed track in November 1997, with a targeted opening date of May 1998. Piontkowski would purchase the land for $4.5 million ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]