Gaming and Leisure Properties, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 04:15 pm EDT
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Gaming and Leisure Properties, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 317.761 million compared to USD 261.968 million a year ago. Operating income was USD 212.124 million compared to USD 180.716 million a year ago. Net income was USD 138.216 million compared to USD 112.350 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.52 a year ago. For the half year, total revenue was USD 619.304 million compared to USD 545.450 million a year ago. Operating income was USD 412.225 million compared to USD 367.066 million a year ago. Net income was USD 265.400 million compared to USD 209.244 million a year ago. Basic earnings per share from continuing operations was USD 1.14 compared to USD 0.97 a year ago.
Gaming and Leisure Properties, Inc. is a self-administered and self-managed Pennsylvania real estate investment trust. The Company's primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. Its portfolio consists of interests in approximately 62 gaming and related facilities across 19 states with eight tenants, which consists of the real property associated with gaming and related facilities. The Company's property portfolio includes Hollywood Casino Lawrenceburg, Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Casino at Charles Town Races, Hollywood Casino at Penn National Race, Hollywood Casino Bangor, Zia Park Casino, Hollywood Casino Gulf Coast, Argosy Casino Riverside, Hollywood Casino St. Louis, Hollywood Gaming at Dayton Raceway, Ameristar Black Hawk, Tioga Downs Casino Resort (Tioga Downs), and others.