{"schema_version":"secwatch.filing_event.v1","accession":"0001575965-26-000050","form_type":"8-K","ticker":"GLPI","cik":"0001575965","company_name":"Gaming & Leisure Properties, Inc.","filed_at":"2026-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.499019+00:00","generated_at":"2026-05-15T04:12:12.214661+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"GLPI reports record Q1 revenue $420M, AFFO $297.1M; raises 2026 AFFO guidance to $4.08-$4.12/share","bullets":["Total revenue $420.0M (+6.3% YoY), net income $239.4M (+40.5%), AFFO $297.1M (+9.2% YoY) – all record highs.","Acquired Bally's Lincoln for $700M (8% cap) and Live! Virginia land for $27M with $440M construction commitment (8% cap).","Issued $800M senior notes at 5.625% due 2036 to repay term loan; net financial leverage at 5.0x, low end of target.","Quarterly dividend raised to $0.78/share ($3.12 annualized), yield 7.03% as of March 31, 2026.","2026 AFFO per share guidance raised to $4.08-$4.12 from $4.06-$4.11; $1.8B development pipeline remaining."],"urls":{"canonical":"https://secwatch.observer/filing/0001575965-26-000050","json":"https://secwatch.observer/filing/0001575965-26-000050.json","markdown":"https://secwatch.observer/filing/0001575965-26-000050.md","text":"https://secwatch.observer/filing/0001575965-26-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1575965/000157596526000050/0001575965-26-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1575965/000157596526000050/glpi-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:12:12.214661+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fd76103fab05c54d847b332a012f3efad4f9a754","claim":"Gaming & Leisure Properties, Inc. reported the quarter ended March 31, 2026 results: revenue $420.0 million, net income $239.4 million, EPS $0.82. Guidance raised.","evidence_excerpt":"results, as we continue to prudently expand our portfolio and explore avenues for future growth. On an operating basis, first quarter total revenue rose 6.3% year over year to $420.0 million, while AFFO increased 9.2% to $297.1 million. Long term tenant stability and lease coverage remain the foundation of our underwriting criteria, with the vast majority of our","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1575965/000157596526000050/0001575965-26-000050-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$420.0 million"},{"label":"Net income","value":"$239.4 million"},{"label":"EPS","value":"$0.82"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}