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GLPI acquires Bally’s Lincoln real estate for $700 million

Deals & M&A

Gaming and Leisure Properties (GLPI) acquired the real estate assets of Bally’s Twin River Lincoln Casino Resort in Rhode Island for $700 million, the company said. The deal is funded mainly through debt and includes an initial cash rent of $56 million under a lease running to 2039, with four five-year renewal options.

GLPI gains lease income from Bally’s Lincoln, while Bally’s faces initial cash rent under a lease running to 2039.

End-of-day close Gaming and Leisure Properties (GLPI), USD, to 2 April 2026
Story date2 January 20262 April 2026

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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Deals & M&A

Macau Legend extends loan repayments to 2030 under revised terms

Macau Legend Development said revised bank-loan arrangements have extended repayment periods on two facilities to 2030, and that it has begun repayments under the new terms. As of 31 October 2026, HK$1.96 billion remained outstanding on a HK$2.3 billion term facility; the company said HK$4.5 million had been repaid.

Macau Legend Development has begun repaying bank loans under revised arrangements as it works to address the issues behind its auditor’s disclaimer of opinion, the company said. Further steps may still be necessary to resolve those issues.

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