Gaming and Leisure Properties, Inc.

Most Recent

  • uploads///Vodafone presso
    Real Estate

    Why AQR Capital Management chose to open a position in Vodafone

    AQR Capital started a new position in Vodafone Group plc that accounts for 0.44% of the fund’s 4Q portfolio.

    By Samantha Nielson
  • Real Estate

    Lee Cooperman’s Omega Advisors opens a new position in T-Mobile

    Cooperman seems to be following the trend of other other hedge funds such as Third Point and Paulson to capitalize on consolidation in the telecom space.

    By Samantha Nielson
  • Financials

    Omega Advisors buys stake in IntercontinentalExchange

    Omega Advisors opened a new 1.36% position in Intercontinentalexchange (ICE), a leading operator of global markets and clearing houses, in the fourth quarter.

    By Samantha Nielson
  • Consumer

    Why Penn National Gaming shares jumped on news of spin-off

    Tax-free spin-off On November 15, 2012, Penn National Gaming, Inc. (PENN) announced plans to separate its operating assets and real property assets into two publicly traded companies. Its approach? A tax-free spin-off of real estate assets into a real estate investment trust ( or REIT) called Gaming and Leisure Properties Inc. (GLPI). On November 1, 2013, PENN […]

    By Shawn Bolton
  • uploads///Part
    Consumer

    Casino REITs Are Becoming Popular In The US

    US casino operators are considering REIT spin-offs to achieve higher valuations. Real estate is a main income source. REITs distribute at least 90% of their taxable earnings to shareholders.

    By Shawn Bolton
  • uploads///Part
    Consumer

    Caesars plans to restructure its largest operating unit as a REIT

    REITs generate income by collecting rent and pay out at least 90% of taxable income in the form of dividends to shareholders. By converting CEOC into a REIT, the beneficial holders of CEOC’s senior secured credit facilities would receive a 100% recovery in cash and debt.

    By Shawn Bolton
  • Consumer

    Must-know: Penn National Gaming’s performance metrics

    Performance metric Penn National Gaming, Inc. (PENN) defines adjusted EBITDA as earnings before interest, taxes, stock compensation, debt-extinguishment charges, impairment charges, insurance recoveries and deductible charges, depreciation and amortization, gain or loss on disposal of assets, and other income or expenses. Adjusted EBITDAR is adjusted EBITDA excluding rent expenses such as those associated with PENN’s […]

    By Shawn Bolton
  • Consumer

    Key management executives at Penn National Gaming

    The management of a publicly traded company is responsible for creating shareholder value. Strong management is the backbone of any successful company.

    By Shawn Bolton
  • uploads///US Leveraged Loan Market Volumes
    Company & Industry Overviews

    Why Did Leveraged Loans’ Issuance Fall?

    The US leveraged loans market saw an allocation of $7.6 billion worth of dollar-denominated senior loans in the week to April 15.

    By Lynn Noah
  • uploads///US High Yield Bond Market Issuance
    Company & Industry Overviews

    Why Did High-Yield Bond Issuance Fall Last Week?

    According to data from S&P Capital IQ/LCD, dollar-denominated high-yield debt amounting to $4.6 billion was issued in the week ending April 15.

    By Lynn Noah
  • uploads///Propco
    Fund Managers

    Why Sandell wants a spin-off of Brookdale’s real estate assets

    Sandell has proposed a spin-off of Brookdale’s real estate assets into an REIT. It’s a tax-free spin-off that avoids double taxation on income distribution.

    By Diana Key
  • uploads///FB
    Real Estate

    Why did AQR Capital Management increase its stake in Facebook?

    AQR Capital upped its stake in Facebook, Inc. (FB) by 3,444,423 shares in 4Q from 477,636 shares in 3Q.

    By Samantha Nielson
  • uploads///GLPI presso
    Real Estate

    Why AQR Capital bought a stake in Gaming and Leisure Properties

    AQR opened a brand new position in Gaming and Leisure Properties (GLPI) that accounts for 0.12% of the fund’s 4Q portfolio.

    By Samantha Nielson
  • Consumer

    Magnetar Financial invests in REIT Gaming and Leisure Properties

    Magnetar Financial LLC opened a brand new position in Gaming and Leisure Properties (GLPI) that accounts for 0.75% of the fund’s 4Q portfolio.

    By Samantha Nielson
  • uploads///SUNE
    Real Estate

    Cooperman’s Omega Advisors establishes a new position in SunEdison

    Omega Advisors initiated a new 1.50% position in SunEdison Inc (SUNE). SunEdison is a major developer and seller of photovoltaic energy solutions.

    By Samantha Nielson
  • Consumer

    Omega Advisors opens a position in Gaming and Leisure Properties

    Gaming and Leisure Properties (GLPI) is a new position initiated by Omega Advisors last quarter. Gaming and Leisure Properties is the first gaming-focused REIT, which was spun off from Penn National Gaming (PENN).

    By Samantha Nielson
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.