secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gaming & Leisure Properties, Inc. (GLPI)
CIK:        0001575965
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001575965-23-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GLPI Q2 revenue up 9.2% to $356.6M; raises 2023 AFFO guidance; enters LOI for A's stadium in Las Vegas
--------------------------------------------------------------------------------

- Q2 total revenue $356.6M (+9.2% YoY); net income $160.1M; AFFO $0.92/share (up from $0.91).
- Q2 dividend raised to $0.72/share from $0.705 YoY; paid June 30, 2023.
- Full-year 2023 AFFO guidance raised to $994M-$999M ($3.66-$3.68/share) from prior $984M-$997M.
- Signed binding LOI with Bally's and Oakland A's to develop a 30,000-seat stadium at Tropicana Las Vegas; GLPI commits up to $175M.
- January 2023 closed acquisition of Bally's Tiverton and Hard Rock Biloxi for $635M; redeemed $500M 5.375% Senior Notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575965/000157596523000021/0001575965-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575965/000157596523000021/glpi-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001575965-23-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer