Gaming and Leisure Properties Provides Updates on Recent Financing and Development Activities

Core Viewpoint - Gaming and Leisure Properties, Inc. (GLPI) has made significant progress on multiple projects, with total capital commitments amounting to approximately $1.5 billion across five projects, indicating strong growth and investment in the gaming and leisure sector [1] Project Commitments - Caesars Republic Sonoma County: GLPI has funded $45 million of its $225 million commitment, with the project expected to feature a four-star resort and is scheduled for completion in summer 2027 [2][3] - Bally's Chicago: Construction is ongoing, with GLPI having funded an additional $76 million, leaving approximately $739 million remaining under a total commitment of $940 million [4] - Bally's Baton Rouge: The grand opening is set for December 6, with GLPI having funded $92.5 million of its $111 million commitment, yielding an incremental rental yield of 9.0% [5] - PENN Entertainment's M Resort: The hotel tower expansion opened ahead of schedule, with GLPI funding $150 million at a 7.79% cap rate [6] - Acorn Ridge: GLPI has funded $56.6 million of its $110 million commitment for a new casino development, scheduled to open in February 2026 [7]