secwatch.observer — SEC 8-K summary
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Issuer:     Gaming & Leisure Properties, Inc. (GLPI)
CIK:        0001575965
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0001575965-25-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GLPI Q2 2025 revenue up 3.8% to record $394.9M, AFFO per share $0.96 vs $0.94, FY guidance narrowed
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- Q2 total revenue rose 3.8% YoY to $394.9M; net income $156.2M ($0.54/diluted) vs $214.4M ($0.77) in prior year.
- AFFO $276.1M ($0.96/diluted unit) up 4.4% from $264.4M ($0.94); Adjusted EBITDA $361.5M, up 6.2%.
- FY2025 AFFO guidance range updated to $1.112B–$1.118B ($3.85–$3.87/unit) from $1.109B–$1.118B ($3.84–$3.87).
- Funded $130M for Hollywood Casino Joliet relocation at 7.75% cap; transferred DraftKings at Casino Queen to Bally's Master Lease II with $28.9M annual rent.
- Board declared Q2 dividend of $0.78 per share, paid June 27, 2025; annualized $3.12, yield 6.68%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575965/000157596525000033/0001575965-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575965/000157596525000033/glpi-20250724.htm
  HTML page:      https://secwatch.observer/filing/0001575965-25-000033

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