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.
GLP Capital, L.P. and GLP Financing II, Inc. are offering senior unsecured notes (preliminary prospectus supplement, subject to completion) to be guaranteed by Gaming and Leisure Properties, Inc. (GLPI). The prospectus describes customary terms including semi-annual interest, optional "make-whole" redemptions prior to the Par Call Date, gaming-regulation redemption mechanics and structural subordination of the notes to any secured debt.
The supplement discloses a recent acquisition and near-term financing actions: on February 11, 2026, GLPI completed the acquisition of Bally’s Lincoln for approximately $700.0 million, expected to produce initial annual cash rent of $56.0 million, funded primarily by a $679.0 million draw on the Revolving Credit Facility, partnership units and cash. The Operating Partnership intends to amend its Revolving Credit Agreement to add a $679.0 million New Term Loan Credit Facility maturing in December 2028, subject to execution and offering close.
Gaming & Leisure Properties, Inc. reported that President, COO, and Secretary Brandon John Moore sold a total of 18,374 shares of common stock in open-market transactions on February 20–24, 2026. The weighted average sale prices ranged from $48.00 to about $48.13 per share.
The sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted on September 15, 2025. After these transactions, Moore directly holds 257,874 common shares, indirectly holds 2,935 shares through his daughter, and has 26,000 LTIP Units that vest ratably over three years from grant.
Gaming & Leisure Properties Inc. affiliate reported proposed and recent sales of common stock under Form 144. The filing lists 14,981 shares tied to 01/02/2026 restricted stock vesting and 1,903 shares tied to 01/03/2026 restricted stock vesting. It also discloses sales by Brandon Moore of 1,376 shares on 02/20/2026 for $66,110.33 and 114 shares on 02/23/2026 for $5,472.57.
Gaming & Leisure Properties, Inc. director E Scott Urdang reported an open-market sale of common stock. On February 23, 2026, he sold 4,000 shares at an average price of $47.37 per share. Following this transaction, he directly owned 130,429 common shares.
Gaming & Leisure Properties Inc. reported a Form 144 notice for the proposed sale of 114 common shares under Rule 144, with the entries showing 01/02/2026 (101 shares) and 01/03/2026 (13 shares).
The filing also records a completed sale of 1,376 common shares by Brandon Moore on 02/20/2026. The broker/dealer line references Merrill and a Nasdaq listing; timing and proceeds details are not disclosed in the excerpt.
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.