PropCo comprises real estate properties including casino facilities and other assets. Gaming and Leisure Properties, Inc (NasdaqGS:GLPI) operates independently of Penn National Gaming Inc. as of November 01, 2013.
Here’s Why Gaming and Leisure Properties (GLPI) is a Dividend Favorite Among the Smart Money Set Insider Monkey Team Insider Monkey•August 30, 2016 Gaming and Leisure Properties Inc (NASDAQ:GLPI) is a $6.9 billion REIT that leases out real estate property to gaming operators in triple net lease arrangements. The company was spun-off from Penn National Gaming, Inc (NASDAQENN) in November 2013 and owned the real estate associated with 21 facilities at the end of March 2016, 18 of which were leased to Penn National. Gaming and Leisure Properties Inc (NASDAQ:GLPI) later added 14 more facilities to its portfolio by acquiring the real estate assets of another gaming company, Pinnacle Entertainment. In this article, we’ll find out why many the smart money funds in our database are long Gaming and Leisure Properties for its dividend. https://finance.yahoo.com/m/45f4bb5...3ab97cd/ss_here’s-why-gaming-and-leisure.html
