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Gaming and Leisure Properties buys Sunland Park real estate for $183.75m

Deals & M&A

Gaming and Leisure Properties said it agreed to buy the real estate assets of Sunland Park Racetrack & Casino in New Mexico for $183.75 million. The deal includes a 25-year initial lease with two 10-year renewal options and a 2% annual rent escalator; Strategic Gaming Management will continue operating the venue.

The acquisition expands GLPI’s property portfolio and its relationship with Sunland Park’s operator.

End-of-day close Gaming and Leisure Properties (GLPI), USD, to 14 November 2025
Story date18 August 202514 November 2025

Latest reported results

Gaming and Leisure Properties Nasdaq: GLPI

Quarter ended 30 September 2026

Revenue
USD 435.4m10-Q filing 0001575965-26-000072
Operating income
USD 309.9m10-Q filing 0001575965-26-000072

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