Welcome to our dedicated page for Gaming And Leisu SEC filings (Ticker: GLPI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Gaming and Leisure Properties, Inc. filings document the disclosure record of a Pennsylvania REIT focused on owning and financing gaming real estate leased to operators through triple-net lease structures. Its 8-K reports cover quarterly and annual operating results, FFO, AFFO, adjusted EBITDA, dividends, guidance and supplemental financial information.
GLPI filings also describe capital-structure activity involving GLP Capital, L.P., GLP Financing II, Inc., credit agreements, term loans, senior unsecured notes and parent guarantees. Proxy materials cover annual shareholder voting matters, board governance and executive compensation, while material-event reports record debt offerings, lease-related transactions and other corporate actions affecting the REIT and its operating partnership.
Gaming & Leisure Properties Inc. filed a Form 144 reporting proposed sales of common stock tied to restricted stock vesting events. The filing lists a vesting on 01/02/2026 involving 1,221 shares and a vesting on 01/03/2026 involving 155 shares.
The filing names Merrill with an address at 8890 Lyra Dr, Columbus, OH and includes an entry dated 02/20/2026.
Gaming and Leisure Properties, Inc. reported record results for the fourth quarter and full year 2025, driven by rent from its triple-net gaming real estate portfolio and recent investments. Fourth quarter total revenue reached $407.0 million, up from $389.6 million, while net income rose to $275.4 million from $223.6 million. AFFO for the quarter grew to $290.0 million versus $269.7 million, or $0.99 per diluted share and OP units.
For 2025, revenue was $1.5948 billion and net income was $850.4 million, with AFFO of $1.1201 billion ($3.88 per diluted share and OP units). The company declared a first quarter 2026 dividend of $0.78 per share, matching the prior quarter.
GLPI issued 2026 guidance for AFFO between $1.207 billion and $1.222 billion, or $4.06 to $4.11 per diluted share and OP/LTIP units, reflecting expected funding of development projects and recently announced acquisitions. At year-end, net financial leverage was 4.6x adjusted EBITDA, with a committed funding pipeline of approximately $2.65 billion at blended cap rates generally above 8%.
Gaming and Leisure Properties, Inc. files its annual report describing a REIT-focused strategy built around owning and leasing casino real estate under long-term triple‑net leases. The company owns interests in 69 gaming and related facilities across 20 states, all 100% occupied as of December 31, 2025.
Most cash rent comes from five large, diversified tenants, including PENN, Caesars, Boyd, Cordish and Bally’s, under master and single‑property leases with fixed and CPI‑linked escalators and rent coverage covenants. GLPI highlights embedded growth from contractual rent escalations, development fundings, and $3.7 billion of transactions completed since January 1, 2024, while emphasizing continued qualification and operation as a REIT under complex U.S. tax rules.
Gaming & Leisure Properties, Inc. insider activity: SVP Chief Development Officer Steven Ladany reported selling 13,409 shares of common stock of Gaming & Leisure Properties, Inc. on 01/07/2026 at a weighted average price of $45.04 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on 05/14/2025.
After this transaction, Ladany beneficially owned 57,886 shares of common stock directly. He also held 30,000 LTIP Units of GLP Capital, L.P., which represent limited partnership interests that are tied to Gaming & Leisure Properties, Inc. stock. These LTIP Units vest ratably over a three-year period starting on the grant date, subject to his continued service, and have no expiration date.
Gaming & Leisure Properties Inc received a notice that an affiliate plans to sell 13,409 shares of common stock on or about 01/07/2026 through Merrill in Columbus, Ohio, with an aggregate market value of $603,907.84 on the form. The shares relate to a performance stock vest acquired on 01/02/2026 in the same amount.
The notice lists total common shares outstanding as 283,008,342 and identifies the NASDAQ as the trading market. It also discloses that Steven Ladany sold additional common shares of the issuer over the prior three months, including 18,000 shares on 12/31/2025, 2,630 shares on 01/02/2026, and 2,825 shares on 01/05/2026, each with stated gross proceeds.
Gaming & Leisure Properties, Inc. executive Brandon J. Moore, who serves as President, COO and Secretary, reported an insider transaction involving a gift of company common stock. On 12/12/2025, he gifted 903 shares of Gaming & Leisure Properties common stock at a reported price of $0 per share.
The report shows an indirect holding of 2,935 shares registered in his daughter’s name. His daughter shares his household, and he expressly disclaims beneficial ownership of the shares held by her, stating that the report should not be taken as an admission that he is the beneficial owner of those shares for any purpose.
Gaming & Leisure Properties, Inc. reports a beneficial ownership filing by director Michael C. Borofsky for an event dated 12/04/2025. He reports beneficial ownership of 0 shares of common stock, held with direct (D) ownership, and the form is filed by a single reporting person.
Gaming & Leisure Properties, Inc. (GLPI): Director share sale disclosed. A director reported selling 4,000 shares of common stock on 11/04/2025 at a weighted average price of $45.49, with individual trades executed between $45.49 and $45.50. Following the transaction, the director beneficially owns 129,953 shares, held directly.
The filing notes the price range and offers to provide full trade detail upon request, consistent with standard Form 4 disclosures.
Gaming and Leisure Properties, Inc. (GLPI) furnished an 8-K under Item 2.02 announcing it issued a press release with financial results for the three and nine months ended September 30, 2025. The company also made available supplemental financial information as of September 30, 2025. These materials are provided as Exhibit 99.1 (earnings press release) and Exhibit 99.2 (supplemental data) and are incorporated by reference. The information is being furnished, not filed, and is not subject to Section 18 liability.
Gaming and Leisure Properties (GLPI) reported higher Q3 2025 results. Total income from real estate was $397.6M, up from $385.3M. Net income attributable to common shareholders rose to $241.2M from $184.7M, with diluted EPS of $0.85 vs $0.67. A $37.4M benefit for credit losses and slightly lower interest expense supported earnings.
Year-to-date, operating cash flow reached $786.2M. Cash and cash equivalents were $751.7M, and long‑term debt, net, declined to $7.20B from $7.74B. Shares outstanding were 283,008,342 as of September 30, 2025.
GLPI advanced $130M at a 7.75% cap rate for PENN’s Joliet relocation and outlined additional PENN projects, including a requested $150M for M Resort and an anticipated $225M for Aurora. It committed up to $940M for Bally’s Chicago (no funding as of quarter‑end), added Sunland Park for $183.75M increasing annual rent by $15.0M, and announced an 8.0% cap rate plan for Live! Virginia (land $27M and development funding $440M). The Rockford loan had $150M outstanding at 8%, and the Ione loan had $39.3M outstanding.