Quarterlytics / Real Estate / REIT - Specialty / Gaming and Leisure Properties

Gaming and Leisure Properties

GLPI · NASDAQ Real Estate
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Ticker GLPI
Exchange NASDAQ
Sector Real Estate
Industry REIT - Specialty
Employees 501-1000

Business description

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.

glpropinc.com
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Company facts
TickerGLPI
ExchangeNASDAQ
Sector Real Estate
Industry REIT - Specialty
Employees501-1000