Company: GLPI
Filing Date: 2025-08-15
Form Type: 424B5
Source: 0001193125-25-181872
Chunk: 9

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-08-15
Form: 424B5
Chunk 9
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 deliver high quality services, to attract and retain qualified personnel and to attract customers;           |

| • |     | the ability to generate sufficient cash flows to service and comply with financial covenants under our 
 outstanding indebtedness;                                                                              |

| • |     | our ability to access capital through debt and equity markets in amounts and at rates and costs acceptable to us,                              
 including for the satisfaction of our funding commitments to the extent drawn by our partners, acquisitions or refinancings due to maturities; |

| • |     | the ability of our tenants to decline our funding commitments by seeking alternative financing solutions and/or                                    
 if our tenants do elect to utilize our funding commitments, the amounts drawn and the timing of these draws may be different than what we assumed; |

| • |     | adverse changes in our credit rating; |

| • |     | the availability of qualified personnel and our ability to retain our key management personnel; |

| • |     | changes in the U.S. tax law and other federal, state or local laws or regulations, whether or not specific to 
 real estate, REITs or the gaming, lodging or hospitality industries;                                          |

| • |     | changes in accounting standards; |

| • |     | the impact of weather or climate events or conditions, natural disasters, acts of terrorism and other                                                           
 international hostilities, including war (including the current conflict between Russia and Ukraine and conflicts in the Middle East) or political instability; |

| • |     | the risk that the historical financial statements included and incorporated by reference herein do not reflect 
 what the business, financial position or results of operations of GLPI may be in the future; and               |

| • |     | other risks inherent in the real estate business, including potential liability relating to environmental matters 
 and illiquidity of real estate investments.                                                                       |

While forward-looking statements reflect our good faith beliefs, they are not guarantees of future performance. We expressly disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other changes. Accordingly, investors should use caution in relying on past forward-looking statements, which were based on results and trends at the time they were made, to anticipate future results or trends. For a further discussion of these and other factors that could impact our future results, performance or transactions, see the section of this prospectus supplement titled “Risk Factors”, as well as the risks incorporated by reference herein from our