Gaming Property Investment Overview
Track Record of Transaction Success
GLPI's unique competitive advantages have supported the sourcing of transactions with a
value of over $7 Billion at an average yield of over 8.4% since inception.
Date Closed Properties
Purchase Price
Initial Cash Yield/Rent
Cap Rate
(1)
4/13/2021
Jumers
150.0
12.0
8.0%
Mardi Gras, Golden Gates and Golden Gulch
10/27/2020
(2)
Dover Downs
SA
484.0
10/1/2020
4/20/2020
10/15/2018
(3)
Tropicana Las Vegas
10/15/2018
10/1/2018
Tropicana Evansville
Morgantown - Ground Lease
Plainridge Park Casino
PENN/PNK Lease Adjustment
Belterra Park (Mortgage)
Lumiere (Mortgage)
SA SA SA
+A
10/1/2018
Tropicana Atlantic City
Tropicana Evansville
Tropicana Laughlin
Tropicana Casino Greenville
Belle of Baton Rouge
5/1/2017
1st Jackpot Casino
SA LA SA
A
250.9
57.7
246.0
992.5
AAAAAA LA LA LA
40.0
8.3%
30.0
$
3.0
10.0%
307.5 $
25.0
10.0%
$
13.9
6.4
11.1%
$
22.4
9.1%
$
87.6
8.8%
Resorts Casino&Hotel Tunica
9/9/2016
Meadows Racetrack and Casino
4/28/2016
SASA
82.9
323.3
4,779.0
SASA.
SA
9.0
10.9%
25.4
377.0
7.9%
7.9%
Ameristar Casino Resort Spa Black Hawk
Ameristar Casino Hotel East Chicago
Belterra Casino Resort
Ameristar Casino Hotel Council Bluffs
L'Auberge Casino & Hotel Baton Rouge
Boomtown Casino & Hotel Bossier City
L'Auberge Casino Resort Lake Charles
Boomtown Casino New Orleans
Ameristar Casino Hotel Vicksburg
Ameristar Casino Hotel Kansas City
Ameristar Casino Resort Spa St. Charles
River City Casino & Hotel
Cactus Petes
The Horseshu
1/23/2014
Casino Queen
TOTAL
(1)
(2)
(3)
140.7
$
7,537.0
$
14.0
635.7
9.95%
8.43%
Announcement date, the transaction is expected to close in early-2022 subject to regulatory approvals and closing conditions
Announcement date, the transaction is expected to close in mid-2021 subject to regulatory approvals and closing conditions
Tropicana Las Vegas excluded from totals and cap rate calculation given the transaction's unique construct
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