Gaming and Leisure Properties (GLPI) has completed the acquisition of the land and real estate assets of Bally’s Kansas City Casino and Bally’s Shreveport Casino & Hotel from Bally's Corporation. The previously announced sale lease-back transaction is valued at $395 million, including $388 milli
Gaming & Leisure Properties Inc.’s third-quarter earnings call was largely devoted to an explanation of the company’s sale/leaseback transaction with the Ione Band of Miwok, in California. This is the first-ever such deal between a Native American tribe and a real estate investment trust (REIT).
A profit of $190.1 million was realized by real estate investment trust Gaming & Leisure Properties Inc. in the third quarter, as reported late on October 24. The REIT registered cash flow of $346.4 million on revenue of $385.3 million.During the quarter, GLPI bought Bally’s Kansas City and Ball
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