Gaming and Leisure Properties Closes on $250 Million Land Acquisition, the Site for Bally's Future Chicago Flagship Casino [Yahoo! Finance]
Gaming and Leisure Properties, Inc. (GLPI)
Last gaming and leisure properties, inc. earnings: 4/30 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
reddit.com/r/gaming
Company Research
Source: Yahoo! Finance
With the completion of GLPI's purchase of the Chicago land, the current lease in place with Blue Owl Capital will be assumed by an affiliate of GLPI and amended to reflect the negotiated annual rent of $20 million, representing an initial cash yield of 8.0%. GLPI will own substantially all of the real estate and improvements related to the Chicago casino and hotel for a total investment of $1.19 billion resulting in a blended initial cash investment yield of 8.4%. Stabilized rent coverage for the lease is expected to be in the range of 2.0x – 2.4x. Peter Carlino, Chairman and CEO of GLPI commented, “The completion of the Chicago land purchase is a significant milestone toward the development of Bally's Chicago, which promises to be a must-visit destination casino resort property in the heart of Chicago. Our transactions with Bally's related to Chicago and our real estate acquisitions at Bally's Kansas City Casino and Bally's Shreveport Casino & Hotel will be accretive to our financ
Show less
Read more
Impact Snapshot
Event Time:
GLPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLPI alerts
High impacting Gaming and Leisure Properties, Inc. news events
Weekly update
A roundup of the hottest topics
GLPI
News
- Gaming and Leisure Properties Inc. Announces 2024 Distribution Tax TreatmentGlobeNewswire
- Gaming and Leisure Properties, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) had its price target lowered by analysts at Scotiabank from $50.00 to $49.00. They now have a "sector perform" rating on the stock.MarketBeat
- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $53.00 price target on the stock.MarketBeat
- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $55.00 price target on the stock.MarketBeat
GLPI
Earnings
- 10/24/24 - Miss
GLPI
Sec Filings
- 1/31/25 - Form 8-K
- 1/29/25 - Form 4
- 1/27/25 - Form 144
- GLPI's page on the SEC website