Company: GLPI
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001575965-25-000008
Chunk: 221

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 221
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116,622 110,150 — 116,622 110,150 226,772 8,323 201701/03/202331Casino Queen MarquetteMarquette, IA— 32,032 690 — 32,032 690 32,722 247 200009/06/20236Bally's ChicagoChicago, IL— 250,745 — 3,874 250,745 3,874 254,619 — 20249/11/2024N/ABally's Kansas CityKansas City, MO— 940 96,400 — 940 96,400 97,340 134 199612/16/202431Bally's ShreveportShreveport, LA— 190 76,770 — 190 76,770 76,960 145 199912/16/202431— 3,847,071 6,850,611 (121,588)3,583,043 6,993,060 10,576,103 2,434,197 Headquarters Property:GLPI Corporate OfficeWyomissing, PA— 750 8,465 142 750 8,608 9,358 2,545 2014/20159/19/201431Other PropertiesOther owned landvarious— 6,798 — (6,798)— — — —   $— $3,854,619 $6,859,076 $(128,244)$3,583,793 $7,001,668 $10,585,461 $2,436,742  (1)    In connection with the funding agreement with PENN, new facilities are being developed for the relocation of PENN's riverboat casino in Aurora and PENN is also in the process of relocating its Hollywood Casino Joliet operations.  The Company accelerated the lives of its depreciable assets in the first quarter of 2023 at the two existing locations to coincide with the expected opening dates of the new facilities.  

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(2)               On April 13, 2021, Bally’s agreed to acquire both GLPI’s non-land real estate assets and PENN's outstanding equity interests in Tropicana Las Vegas Hotel andCasino, Inc.  This deal closed on September 26, 2022