Watch for the Imminent IPO of Vici, a REIT Created to Own All Caesars Properties
Now post-bankruptcy exit, Caesars Entertainment is spitting into an operating company and a REIT called Vici Properties, Inc. Vici IPO proceeds...
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Gaming And Leisure Properties (GLPI US)
Gaming And Leisure Properties (GLPI US)
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Analysis
Real Estate • United States
Gaming & Leisure Properties, Inc. operates as a self-administered, self-managed real estate investment trust. It engages in the property business, which consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. The company operates through two business segments: GLP Capital and the TRS Properties. The GLP Capital reportable segment consists of the leased real property and represents the majority of business. The TRS Properties reportable segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA
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