Gaming And Leisu Stock Price, News & Analysis

Bally's Corporation (NYSE: BALY) reported Q1 2025 financial results showing mixed performance across segments. Total revenue declined 4.7% year-over-year to $589.2 million. Key segment performance includes: - Casinos & Resorts revenue increased 2.6% to $351.2 million - International Interactive revenue declined 18.3% to $191.7 million, though UK online revenue grew 4.9% - North America Interactive revenue rose 12.5% to $44.5 million Notable developments include completing transactions with Standard General and Queen Casino & Entertainment, expanding domestic gaming portfolio. The company made a strategic AUD $200 million investment in Star Entertainment Group, potentially leading to ~38% ownership. Construction of the permanent Chicago casino continues with GLPI support. The company's legacy properties outperformed market growth in 7 of 12 jurisdictions despite weather challenges and increased competition.

PENN Entertainment reported Q1 2025 financial results with revenues of $1.67 billion and net income of $111.5 million. The company's properties showed resilience despite weather challenges, with gaming volumes rebounding in March. The Interactive segment achieved record gaming revenue despite unfavorable sports betting hold. Property level revenues reached $1.4 billion with Adjusted EBITDAR of $457.0 million and margins of 33.1%. Weather events in January and February negatively impacted EBITDAR by $10 million. Through May 7, PENN repurchased $35 million of shares and maintains its commitment to repurchase at least $350 million in 2025. The company ended Q1 with $1.5 billion in total liquidity, including $591.6 million in cash, and traditional net debt of $2.1 billion.

Gaming and Leisure Properties (GLPI) reported strong Q1 2025 financial results with total revenue increasing 5.1% year-over-year to $395.2 million. The company achieved record first quarter revenue, AFFO, and Adjusted EBITDA, with AFFO growing 5.2% to $272.0 million and Adjusted EBITDA rising 8% to $360.1 million.

Key developments include Boyd Gaming's exercise of its first 5-year renewal option on both the Boyd Master Lease and Belterra Park Lease, extending terms to April 2031. GLPI also redeemed its $850 million 5.250% senior unsecured note and updated its 2025 AFFO guidance to between $1.109-$1.118 billion ($3.84-$3.87 per share).

The company's portfolio now includes interests in 68 gaming and related facilities across 20 states, with properties operated by major gaming companies including PENN, Caesars, Boyd, and Bally's.

PENN Entertainment has announced plans to relocate its Ameristar Casino Hotel Council Bluffs riverboat operations to a new land-based facility, rebranding it as Hollywood Casino Council Bluffs. The $180-200 million project was approved by the Iowa Racing and Gaming Commission alongside a 15-year extension with Iowa West Racing Association.

The new facility will feature approximately 125,000 square feet of development, including 58,000 square feet of gaming space with over 1,000 positions on a single level. It will integrate with the existing ESPN BET sportsbook, 160-room hotel, and dining facilities. Gaming and Leisure Properties (GLPI) may provide up to $150 million in financing at a 7.10% cap rate.

Construction is expected to take 18-24 months after design and permitting approvals. The project aims to enhance the property's competitive position in the greater Omaha market and aligns with PENN's omni-channel entertainment strategy, which includes their database of over 32 million PENN Play members.

Gaming and Leisure Properties (NASDAQ: GLPI) has announced a schedule change for its first quarter 2025 earnings conference call. The company will release its Q1 2025 financial results after market close on Thursday, April 24, 2025. The earnings call has been moved to 9:00 a.m. ET on Friday, April 25, 2025, an hour earlier than previously scheduled.

The conference call will feature Chairman and CEO Peter M. Carlino along with senior management discussing quarterly results, performance, and recent events, followed by a Q&A session. Investors can access the webcast through the company's Investor Relations website at www.glpropinc.com. A replay will be available for 90 days online and via telephone through May 2, 2025.

Gaming and Leisure Properties (NASDAQ: GLPI) has scheduled its first quarter 2025 earnings release and conference call. The company will release financial results after market close on Thursday, April 24, 2025, followed by a conference call on Friday, April 25, 2025 at 10:00 a.m. ET.

During the call, Chairman and CEO Peter M. Carlino and senior management will review quarterly results, performance, and recent events, including a Q&A session. The conference call will be accessible via webcast through the company's Investor Relations website at www.glpropinc.com, with replay available for 90 days.

PENN Entertainment reported its Q4 2024 financial results, highlighting solid property-level performance with revenues of $1.4 billion and Adjusted EBITDAR of $461.2 million. Properties unaffected by new supply generated nearly 3% year-over-year revenue growth.

The Interactive segment showed significant improvements, with revenues of $275.0 million, despite customer-friendly sports betting outcomes. The company's iCasino business achieved record quarterly gaming revenue, showing over 60% growth year-over-year, boosted by the successful launches of the standalone Hollywood Casino app in Pennsylvania and Michigan.

PENN announced plans to repurchase at least $350 million of shares in 2025. The company maintained strong liquidity of $1.7 billion, including $706.6 million in cash and cash equivalents, with traditional net debt at $1.9 billion as of December 31, 2024.

Gaming and Leisure Properties (GLPI) reported record fourth quarter and full-year 2024 results, with Q4 total revenue increasing 5.6% year-over-year to $389.6 million and AFFO growing 5.1% to $269.7 million. The company completed several significant transactions in 2024, including four sale-leaseback deals and multiple financing commitments.

Key developments include the $395 million acquisition of Bally's properties in Kansas City and Shreveport, a $250 million land purchase for Bally's Chicago Casino, and an increased credit facility to $2.09 billion. The company's portfolio now includes 68 high-quality regional gaming assets across 20 states.

GLPI provided 2025 AFFO guidance of $1.105-1.121 billion, or $3.83-3.88 per diluted share. The Board declared a Q1 2025 dividend of $0.76 per share, payable March 28, 2025.

Gaming and Leisure Properties (NASDAQ: GLPI) has disclosed its 2024 distribution tax treatment for federal income tax purposes. The company distributed an aggregate of $3.04 per share of common stock throughout 2024, paid in four equal quarterly installments of $0.76 per share.

The distributions were categorized as follows: $2.958412 per share as ordinary dividends (97.3%), $0.017808 per share as capital gain distribution (0.6%), and $0.063780 per share as nondividend distributions/return of capital (2.1%). All quarterly payments maintained consistent tax treatment throughout the year.