Real estate company GLPI has announced its latest foray into the world of gaming operators. The company will acquire, finance, and own property that will be leased to gaming companies under triple-net lease arrangements. This means that the tenant will be responsible for all maintenance of the facility, insurance, taxes, and utilities associated with the leased properties and the business conducted on them. GLPI's move will no doubt have an impact on the gaming industry, and investors will be watching closely to see its effect on the market.
Gaming and Leisure Properties's ticker is GLPI
The company's shares trade on the NASDAQ stock exchange
They are based in Wyomissing, Pennsylvania
There are 501-1000 employees working at Gaming and Leisure Properties
It is glpropinc.com
Gaming and Leisure Properties is in the Financial sector
Gaming and Leisure Properties is in the REIT - Diversified industry
The following five companies are Gaming and Leisure Properties's industry peers: