Trade Gaming & Leisure Properties - GLPI CFD

Gaming & Leisure Properties Company profile

About Gaming and Leisure Properties Inc

Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in 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 Segment. The GLP Capital segment consists of the leased real property and represents the majority of the Company’s business. The TRS Segment consists of Hollywood Casino Perryville and real estate of Tropicana Las Vegas. The Company's portfolio consisted of interests in approximately 50 gaming and related facilities. The Company's portfolio includes Argosy Casino Alton, Ameristar Black Hawk, Hollywood Casino Aurora, Hollywood Casino Joliet, Belterra Casino Resort, and Hollywood Casino Lawrenceburg.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Gaming and Leisure Properties Inc revenues increased 5% to $1.22B. Net income applicable to common stockholders increased 6% to $533.7M. Revenues reflect GLP Capital segment increase of 5% to $1.1B, TRS Properties segment increase of 10% to $113.7M. Net income benefited from TRS Properties segment income increase from $16.8M to $60.5M. Dividend per share increased from $1.03 to $2.66.