initial public offerings (IPOs) trading on American exchanges

Friday, December 13, 2013

Gaming and Leisure Properties (GLPI) began trading on the NASDAQ on 14 October 2013


Gaming and Leisure Properties, Inc. (GLPI) is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company holds directly or indirectly all of the assets and liabilities associated with the real property interests and real estate development business related to Penn National Gaming, Inc.’s (Penn) gaming operations, as well as the assets and liabilities of Louisiana Casino Cruises, Inc. (Hollywood Casino Baton Rouge) and Penn Cecil Maryland, Inc. (Hollywood Casino Perryville). On November 1, 2013, Penn completed the spin-off of GLPI. The Company focuses to acquire additional gaming facilities to lease to gaming operators. GLPI also is focused on diversifying its portfolio by acquiring properties outside the gaming industry to lease to third parties.


Suite 400, 825 BERKSHIRE BLVD
United States

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin6.76%10.88%
Operating margin14.29%20.73%
EBITD margin-27.42%
Return on average assets4.04%8.69%
Return on average equity4.40%10.05%

No comments:

Post a Comment