{"schema":"rootz.ai/sec-company/v1","layer":1,"cik":"0001575965","name":"Gaming & Leisure Properties, Inc.","summary":"Gaming & Leisure Properties, Inc. (GLPI) is a self-administered Pennsylvania REIT that acquires, finances, and owns real estate leased to gaming operators under triple-net lease arrangements. Spun off from PENN Entertainment in 2013, GLPI's portfolio as of December 31, 2025 consisted of 69 gaming and related facilities across 20 states, leased to operators including PENN, Caesars, Boyd, Bally's, Cordish, Hard Rock, Strategic, and American Racing.","people":[],"products":[{"name":"Triple-Net Leases","type":"service","description":"Long-term triple-net leases for gaming real estate where tenants cover maintenance, insurance, taxes, and utilities."},{"name":"Mortgage and Development Loans","type":"service","description":"Loans to gaming operators that produce fixed or variable returns, potentially converting into leased rent upon project completion."},{"name":"Ground Leases","type":"service","description":"Long-term ground leases for gaming facility land, such as the Tropicana Las Vegas Lease with a 50-year initial term."}],"partnerships":[{"partner_name":"PENN Entertainment","partnership_type":"strategic","description":"Master leases covering 34 gaming facilities; GLPI was originally spun off from PENN in 2013.","start_date":null},{"partner_name":"Caesars Entertainment","partnership_type":"strategic","description":"Master lease covering 6 gaming and related facilities operated by Caesars.","start_date":null},{"partner_name":"Boyd Gaming Corporation","partnership_type":"strategic","description":"Boyd Master Lease and Belterra Park Lease covering gaming facilities; originated from PENN-Pinnacle Merger transactions.","start_date":null},{"partner_name":"Bally's Corporation","partnership_type":"strategic","description":"Multiple leases including Bally's Master Lease, Bally's Master Lease II, Casino Queen Master Lease, Tropicana Las Vegas Lease, and Bally's Chicago Lease.","start_date":null},{"partner_name":"The Cordish Companies","partnership_type":"strategic","description":"Lease covering 3 gaming and related facilities operated by Cordish.","start_date":null},{"partner_name":"Hard Rock International","partnership_type":"strategic","description":"GLPI owns 1 gaming facility managed by a Hard Rock subsidiary.","start_date":null},{"partner_name":"Strategic Gaming Management, LLC","partnership_type":"strategic","description":"Lease covering 4 gaming and related facilities operated by Strategic.","start_date":null},{"partner_name":"American Racing & Entertainment, LLC","partnership_type":"strategic","description":"Lease covering 1 gaming and related facility operated by American Racing.","start_date":null}],"affiliations":[],"origin":{"leaf":"b7bf68bafd728ced59e174e11f4ca58b969baf3afb9533d0df6293c4ef9f9451","formula":"v2: sha256( sha256(content) || parent || source_accession )","content_sha256":"0b61b28be90521b53535b5044bb8375b0b25b2c42543b1a05ce91bf87e731114","parent":"65343d30b10e683271bae917efce5602c8dae2284b82273c5c6f29864be9f056","source":"0001575965-26-000032","chain":"sec.gov/EDGAR (retrieved over TLS, accession recorded) > origin.rootz.global extraction > this response","registry":"origin.rootz.global","verify":"Recompute it: sha256(sha256(<this response body minus the origin block>) || parent || source_accession). 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