Gaming and Leisure Properties Inc
Company Overview
Gaming and Leisure Properties Inc (GLPI) is a real estate investment trust (REIT) that specializes in acquiring, financing, and owning real estate properties primarily used for gaming operations. The company leases these properties to gaming operators under long-term triple-net lease arrangements. GLPI was formed in 2013 as a spin-off from Penn National Gaming.
The company's portfolio consists of properties across numerous states that house casino operations. Their business model involves collecting rental income from these gaming facilities, making them essentially a landlord to casino operators.
Use of Interest
Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
---|
Company Impact
Help us evaluate Gaming and Leisure Properties Inc's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.