Analysts assess GLPI’s Bally’s financing and sale-leaseback transactions
Analysts reviewed Bally’s announced financing arrangements with Gaming and Leisure Properties for its permanent Chicago casino, alongside transactions involving Bally’s Kansas City, Shreveport and Twin River Lincoln. One analyst estimated the three transactions would total $1.585 billion for GLPI, with an initial blended cash yield of 8.3%.
The financing arrangements and analyst estimate help investors assess Bally’s Chicago funding and GLPI’s expected transaction returns.