Las Vegas reshuffle: Out with the Tropicana and in with the Oakland A's [Seeking Alpha]
Gaming and Leisure Properties, Inc. (GLPI)
Last gaming and leisure properties, inc. earnings: 4/30 04:15 pm
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Source: Seeking Alpha
The Tropicana was the most expensive Las Vegas resort built to date when it opened in April of 1957. The closing of the Tropicana means that the only surviving property on the Las Vegas Strip from the 1950s is the Sahara. The land beneath the site is owned by Gaming and Leisure Properties ( NASDAQ: GLPI ) and leased by Bally's Interactive ( NYSE: BALY ). Part of the land is slated to be used to build a $1.5B baseball stadium for the Oakland A's. The major league baseball team has been given nine acres of the 35-acre site to build the new ballpark. For its part, Bally's Interactive ( BALY ) has not confirmed exactly when the hotel and casino would be imploded. "Our team felt that this was the right time, post the peak season, to prepare to close the Trop. It's been in the works for some time. This gives plenty of time to ready the place for the redevelopment and the start of construction to prepare for the demolition in October," read a recent statement from Chairman Soo Kim. Bal
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GLPI
News
- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) had its price target lowered by analysts at Royal Bank of Canada from $49.00 to $47.00. They now have an "outperform" rating on the stock.MarketBeat
- Gaming and Leisure Properties Reports First Quarter 2024 Results and Updates 2024 Full Year Guidance [Yahoo! Finance]Yahoo! Finance
- Gaming and Leisure Properties Reports First Quarter 2024 Results and Updates 2024 Full Year GuidanceGlobeNewswire
- Gaming and Leisure Properties Appoints Debra Martin Chase to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Gaming and Leisure Properties Appoints Debra Martin Chase to Board of DirectorsGlobeNewswire
GLPI
Earnings
- 4/25/24 - Miss
GLPI
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- GLPI's page on the SEC website