Gaming and Leisure Properties to Provide Casino Queen Holdings with $111 Million Funding for Landside Move of Belle of Baton Rouge

WYOMISSING, Pa., June 03, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) ("GLPI") announced today that it has agreed to fund and oversee a landside move and hotel renovation of Belle of Baton Rouge ("The Belle") in Baton Rouge, LA for its tenant The Queen Casino and Entertainment Inc. ("Queen Casino & Entertainment Inc."). GLPI has committed to provide up to approximately $111 million of funding for the project, which is expected to be completed by September 2025. Total project c ...