Gaming And Leisu Stock Price, News & Analysis

Gaming and Leisure Properties (NASDAQ: GLPI) declared a $0.78 cash dividend for Q4 2025. The dividend is payable on December 19, 2025 to shareholders of record on December 5, 2025.

Based on GLPI’s closing share price of $43.04 on November 21, the dividend annualizes to a 7.25% yield. The company paid $0.76 per share for Q4 2024. Management said it intends to pay regular quarterly dividends for the foreseeable future, but each subsequent dividend will be reviewed and declared quarterly by the Board at its discretion.

Bally’s (NYSE: BALY) reported third quarter 2025 revenue of $663.7M, up 5.4% year‑over‑year, driven by Casinos & Resorts $396.1M (+12.1%). International Interactive revenue was $215.1M (down 6.9% due to the 2024 Asia divestiture; +11.7% ex‑Asia). North America Interactive revenue was $49.9M (+13.1%).

In October Bally’s completed the sale of its International Interactive business to Intralot for €2.7B (€1.53B cash + 873.7M Intralot shares), becoming Intralot majority owner (~58%) and used ~$1.3B of proceeds to pay secured debt and revolver balances. Management expects >$15M annual cost savings and reported ongoing development funding including $125.4M from GLPI for the Chicago resort.

PENN Entertainment (Nasdaq: PENN) reported results for the three and nine months ended September 30, 2025, and announced an early termination of its U.S. online sports betting agreement with ESPN effective December 1, 2025. Key terms: cash payments to ESPN end Q4 2025, ESPN retains vested warrants to purchase 7,957,210 shares (weighted strike $28.951) and forfeit unvested warrants, and PENN plans to rebrand its U.S. OSB offering to theScore Bet (target Dec 1, subject to approvals).

Financial highlights: Q3 revenues of $1.72B, Segment Adjusted EBITDAR $465.8M (32.8% margin), Interactive revenues $297.7M (includes $139.5M tax gross-up), consolidated Adjusted EBITDA $194.9M, liquidity $1.1B, traditional net debt $2.2B, and significant share repurchases with a new $750M buyback authorized.

Gaming and Leisure Properties (NASDAQ: GLPI) reported record third quarter 2025 results and updated full‑year guidance. Q3 highlights: Total revenue $397.6M, net income $248.5M, FFO $315.5M, AFFO $282.0M, and AFFO per diluted share $0.97. Cash revenue rose 5.8% YoY; total revenue rose 3.2% YoY. Guidance: 2025 AFFO narrowed to $1.115B–$1.118B, or $3.86–$3.88 per diluted share.

Recent transactions: acquired Sunland Park real estate for $183.75M; funded $125.4M for Bally's Chicago; committed $27M land + $440M hard‑cost funding for Live! Virginia at an 8.0% cap; multiple financings with PENN and a $225M lead commitment for Caesars Republic Sonoma County.

Gaming and Leisure Properties (NASDAQ: GLPI) agreed to buy land and fund hard costs for Live! Casino & Hotel Virginia in Petersburg, VA.

Key terms: $27 million land purchase and $440 million committed hard-cost funding at an 8.0% cap rate, expected to be accretive to GLPI. Land funding targeted Q1 2026; $440 million draws expected 2H 2026 through Q1 2028. Projected permanent opening: late 2027; temporary casino planned for late Jan 2026 (regulatory approvals required). The ~$600 million resort sits on 98 acres within a broader $1.4 billion development.

Strategic Gaming Management announced on October 15, 2025 the closing of its acquisition of Sunland Park Racetrack & Casino for $301 million. Immediately after closing, Strategic sold the real property to Gaming and Leisure Properties (NASDAQ: GLPI) in a sale-leaseback.

The Sunland Park asset includes 738 slots, 12 EGTs, ~25,000 sq ft gaming space, a 1-mile track with a 733-seat stadium, and sits on ~157 acres. The transaction is the company’s third acquisition in two years. Strategic also named Matthew Flandermeyer as CFO and promoted Fred Heinrich to President of Sunland Park, both effective immediately.

Gaming and Leisure Properties (NASDAQ: GLPI) announced the acquisition of Sunland Park Racetrack & Casino's real estate assets for $183.75 million at an 8.2% initial cap rate. The transaction, expected to close on October 15, 2025, will be immediately accretive to AFFO per share.

The deal marks GLPI's second property in New Mexico and expands its relationship with Strategic Gaming Management, adding a fourth asset to their existing triple-net master lease agreement. The property features 738 slots, 12 electronic gaming tables, a 25,000 square foot gaming floor, and a 1-mile racetrack with a 733-seat stadium. Located in southern New Mexico near the Texas border, Sunland Park serves the El Paso-Las Cruces gaming market.

Gaming and Leisure Properties (NASDAQ: GLPI) has scheduled its 2025 third quarter financial results release for Thursday, October 30, 2025, after market close. The company will host a conference call on Friday, October 31, 2025, at 9:00 a.m. ET, where CEO Peter M. Carlino and senior management will discuss quarterly results and conduct a Q&A session.

Investors can access the webcast through GLPI's website and should register 15 minutes before the start time. A replay will be available for 90 days online and via telephone through November 7, 2025.

Bally's Corporation (NYSE:BALY) has secured increased commitments for its revolving credit facility (RCF) to $670 million, with $510 million extended to October 2028. The company received unanimous consent from RCF lenders for the planned $735 million sale and leaseback of Twin River Lincoln Casino Resort to Gaming and Leisure Properties (NASDAQ:GLPI).

Upon completion of the sale-leaseback transaction, Bally's will reduce secured debt by $500 million, including a 7.5% reduction in RCF commitments to $620 million and approximately 19% reduction in term loan and first lien notes. Total outstanding term loans and first lien notes are expected to decrease from $2.4 billion to $1.92 billion.

Additionally, Bally's continues progressing with its previously announced €2.7 billion sale of Bally's International Interactive business to Intralot S.A., expected to close in Q4 2025.