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

Description

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.

Address

Suite 400, 825 BERKSHIRE BLVD
WYOMISSING, PA 19610
United States

Key stats and ratios

	Q3 (Sep '13)	2012
Net profit margin	6.76%	10.88%
Operating margin	14.29%	20.73%
EBITD margin	-	27.42%
Return on average assets	4.04%	8.69%
Return on average equity	4.40%	10.05%
Employees	900

500.com Ltd. (WBAI) began trading on the NYSE on 22 November 2013

The week’s biggest winner was 500.com Ltd. (NYSE: WBAI), another firm based in China, and this one is a service provider for online sports lotteries in the Middle Kingdom. The company priced about 5.8 million shares at $13, and the shares began trading at $20.68 and closed the day at $20.01.

500.com CEO Man San Law celebrates their IPO by ringing the Opening Bell at the New York Stock Exchange on November 22, 2013 in New York City.