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GLPI| Name | Value |
|---|---|
| Revenues | 380.6M |
| Cost of Revenue | 73.9M |
| Gross Profit | 306.8M |
| Operating Expense | 75.3M |
| Operating I/L | 296.7M |
| Other Income/Expense | -78.6M |
| Interest Income | 8.1M |
| Pretax | 214.8M |
| Income Tax Expense | 0.4M |
| Net Income/Loss | 208.2M |
GLPI specializes in acquiring, financing, and owning real estate properties leased to gaming operators in triple-net lease arrangements. This means that the tenants are responsible for all maintenance, insurance, taxes, and utilities related to the leased properties and the business conducted on them. By providing these properties under long-term lease agreements, GLPI generates revenue through rental income and benefits from the stability of triple-net leases, allowing for predictable cash flows and potential for growth in the gaming industry.
