Gaming and Leisure Properties is the nation’s first real estate investment trust focused on acquiring real property assets leased to gaming operators.

Our portfolio of 65 premier gaming assets is geographically diversified across 20 states. Our tenants include PENN Entertainment, Caesars Entertainment, Boyd Gaming Corporation, The Queen Casino & Entertainment, Bally’s Corporation, The Cordish Companies, 815 Entertainment, American Racing and Entertainment, and Strategic Gaming Management.

Through innovation and a proven management team that pioneered the gaming REIT space, we have leveraged a wealth of industry knowledge to deliver consistent year-over-year total shareholder return while enhancing the strength and stability of our diversified portfolio of premier gaming assets.

We expect to grow our portfolio by pursuing opportunities to acquire additional gaming facilities to lease to gaming operators through triple-net lease arrangements. We also anticipate diversifying our portfolio over time by acquiring properties outside the gaming industry. The expertise and industry knowledge of our management team will allow us to secure additional avenues for growth beyond the gaming industry and allow us to pursue other acquisitions that may prove complementary to our existing assets.

Gaming and Leisure Properties has a best in class management team that positions the Company for continued growth as a gaming-focused real estate investment trust and diversification beyond the gaming space. Our management team possesses decades of experience and a wealth of industry knowledge and insight, as well as the creativity to deliver continued innovation and growth.

The Board of Directors of Gaming and Leisure Properties is comprised of experienced professionals with diverse skillsets that possess integrity, dedication, competence and insight to effectively and responsibly oversee our management team.

We believe that environmental and community stewardship is an integral component of growing shareholder value. We are committed to fostering a corporate culture that encourages and seeks the betterment of GLPI and the communities in which we operate or conduct business. With this in mind, we endeavor to integrate environmental, social and governance practices that create long-term economic value for our shareholders, employees and other constituents.

Environmental Stewardship

GLPI emphasizes a culture of accountability and ethics. As a member of the real estate industry, we seek to conduct our business in a responsible manner to earn the trust of our stakeholders.

We seek to promote sustainable practices and environmental stewardship with a particular emphasis on energy efficiency, recycling, water conservation, indoor environmental quality and environmental awareness.

Social Responsibility

We strive to create long-term, responsible economic value for our stakeholders, including our employees, tenants, partners, and community members. We aim to maintain a corporate environment that fosters a sense of community and well-being and that encourages our employees to focus on their long-term success along with the long-term success of the Company.

Corporate Governance

We are committed to achieving excellence in our corporate governance practices. We emphasize a culture of accountability and conduct our business in a manner that is fair, ethical, and responsible to earn the trust of our stakeholders.

2024 Sustainability Report

Gaming and Leisure Properties partners with best-in-class gaming operators.

PENN Entertainment (“Penn”) operates and leases 34 GLPI Properties.

Penn owns, operates, or has ownership interests in 43 destinations, from casinos to racetracks, a robust loyalty program that reaches over 26 million people, and an innovative online gaming and sports content presence. Penn has grown to become the largest omni-channel provider of entertainment experiences in North America. In 2020, Penn acquired a 36% equity interest in Barstool Sports, Inc., and launched its Barstool Sportsbook & Casino app, allowing it to leverage the Barstool brand and marketing engine to drive meaningful market share. In 2021, Penn acquired Score Media and Gaming, Inc. This purchase helped Penn expand its sports betting market into Ontario, Canada, with theScore Bet app. In addition, Penn operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC, which launched iCasino in Pennsylvania and, through strategic partnerships, operates online sports betting in Indiana, Pennsylvania, and West Virginia.

Penn recognizes that today, more than ever, the investment community, their team members, community partners, and customers expect Penn to serve as an excellent corporate citizen. Penn remains committed to living up to that standard. Penn is dedicated to giving back to its team members, supporting and encouraging diversity, helping the underserved in their communities, promoting responsible gaming, and being reliable stewards of all finite natural resources.



Learn about Penn’s environmental, social, and governance (ESG) efforts here — 2021esgreportdraftpages42322.pdf

For more general information about Penn, visit www.pennentertainment.com.

Bally’s Corporation (“Bally’s”) operates and leases nine GLPI Properties.

Bally’s Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 15 casinos across 10 states, a horse racetrack in Colorado and has access to OSB licenses in 20 states. It also owns Bally’s Interactive International, formerly Gamesys Group, a leading, global, online gaming operator, Bally Bet, a first-in-class sports betting platform and Bally Casino, a growing iGaming platform.

With 10,500 employees, Bally’s casino operations include approximately 15,000 slot machines, 600 table games and 5,300 hotel rooms. Upon completing the construction of a temporary casino facility in Chicago, IL and a land-based casino near the Nittany Mall in State College, PA, Bally’s will own and manage 17 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol “BALY”.

Bally’s Corporation established many notable accomplishments regarding its long-term Environmental, Social, and Governance (“ESG”) strategy, including establishing an official committee that oversees further development of Bally’s ESG initiatives, and is responsible for continuing to formulate ESG strategies and goals, identify and evaluate ESG risks and impacts, and oversee ESG practices at Bally’s. Additionally, Bally’s completed a Company-wide sustainability audit, which will help shape its long-term ESG strategy, including but not limited to reporting under the UN Social Development Goals framework. Bally’s also committed, as part of its ongoing support for local and national non-profit organizations, to increase funding of the Bally’s Foundation, which donated more than $3 million in 2021 to programs aimed at curing mental health disease.

Learn about Bally’s ESG efforts here — Bally’s Corporation — Making Things Better (ballys.com)

For more general information about Bally’s, visit www.ballys.com.

Boyd Gaming Corporation (“Boyd”) operates and leases four GLPI Properties.

Boyd was founded in 1975 and currently operates 28 gaming properties in ten states — Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Boyd also manages a tribal casino in northern California. One of the largest and most successful casino entertainment companies in the United States, Boyd prides itself on offering guests an outstanding entertainment experience.

The tenets of Environmental, Social, and Corporate Governance (“ESG”) have long been a central part of Boyd. Boyd follows a philosophy they call Caring the Boyd Way, built upon treating every Boyd stakeholder with respect and honesty and acting with the best interests of their communities in mind.

As part of Boyd’s commitment to the well-being of their communities and future generations, they are working to reduce their energy and water consumption, lower their carbon emissions and reduce the volume of waste sent to landfill.

Additionally, through their economic contributions and extensive support of non-profits across the country, Boyd strives to make its communities better places by focusing on leveraging its procurement operations to create opportunities for diverse businesses.

Learn about Boyd’s ESG efforts here — Boyd Gaming Corporation — Our ESG Philosophy

For more general information about Boyd, visit www.boydgaming.com/about-boyd-gaming.

The Cordish Companies (“Cordish”) operate and lease three GLPI properties.

Cordish’s origins date back to 1910 and encompass four generations of privately-held family ownership. During the past ten decades, Cordish has grown into a global leader with ten major lines of business: Commercial Real Estate, Coworking Spaces, Entertainment Districts, Gaming, Hotels, International Development, Private Equity, Residential, Restaurants, and Sports-Anchored Districts.

As a family-owned and managed business for over a century, Cordish builds projects to prosper for generations. Creating sustainable, inclusive, community-involved developments is their passion. Cordish makes the communities that build and operate better places to live, work, play and visit. Cordish is one of the largest corporate philanthropists in Maryland, consistently outranking larger companies in their annual giving. Additionally, Cordish has been at the forefront of adaptive re-use and rehabilitation of abandoned and blighted spaces for decades. Cordish is a pioneer in taking abandoned locations and transforming them into vibrant urban centers. Cordish has also won national recognition for its award-winning preservation and rehabilitation of historic urban buildings and places, where they work closely with the public sector to preserve important urban landmarks. Cordish’s commitment to energy sustainability ranges from the large (energy-efficient heating and cooling systems for major new developments) to the small (LED light conversion on existing projects). Cordish has also invested in alternative energy projects, from solar energy to green hydro-eclectic power generation.

In gaming, Cordish has developed such award-winning, nationally recognized projects as the Seminole Hard Rock & Hotels in Hollywood and Tampa, Florida; Live! Casino & Hotel Philadelphia; and Live! Casino Pittsburgh.

Cordish Companies, The Cordish Companies, The Cordish Company, Cordish, are trade names for a group of corporations, limited liability companies and partnerships. Each project referenced is owned and operated by a separate, single-purpose legal entity that is solely responsible for its obligations and liabilities. No common operations or financial interdependency are intended to or should be deemed to exist as a result of the common reference to multiple entities under the name “Cordish”, “The Cordish Companies”, “The Cordish Company.” No ownership by The Cordish Companies, The Cordish Company of these properties or projects is expressed or implied.

For more general information about The Cordish Companies, including their sustainability initiatives, visit The Cordish Companies.

The Queen Casino & Entertainment Inc. (“The Queen”) operates and leases four GLPI properties.

The expanding company currently owns and manages four casinos located throughout the country plus two sports betting partnerships. With more than 1,000 Team Members, The Queen’s properties share a common goal of providing limitless entertainment for their guests. This is supported through gaming (table games and slot machines), delectable dining options, luxurious accommodations, and dedicated event spaces.

Learn about The Queen’s community involvement efforts here — Community — The Queen Casino & Entertainment (thequeengaming.com)

Caesars Entertainment, Inc. (Caesars Entertainment) operates and leases six GLPI Properties.

Caesars Entertainment is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers.

Since its beginning in Reno, NV, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe®, and Eldorado® brand names.

Caesars Entertainment offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences.

All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership.

Caesars Entertainment is committed to its Team Members, suppliers, communities and the environment through PEOPLE PLANET PLAY. PEOPLE PLANET PLAY is Caesars Entertainment’s Corporate Social Responsibility framework which provides direction for Caesars to act with integrity and care for its colleagues, communities, and the environment.

Learn about Caesars Entertainment’s ESG efforts here — www.caesars.com/corporate-social-responsibility

For more general information about Caesars Entertainment, visit caesars.com/corporate.