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GLPI buys Bally’s Lincoln casino real estate for $700 million

Deals & M&A

Gaming & Leisure Properties (GLPI) bought the real estate of Bally’s Lincoln in Rhode Island for $700 million and will lease it back to Bally’s, according to the transaction announcement. The lease runs through 2039 with four five-year renewal options; Bally’s also disclosed a $1.1 billion term loan due in 2031, with proceeds targeted partly at projects in Chicago and the Bronx and at debt repayment.

GLPI gains leased property income, while Bally’s borrowing supports projects and debt repayment.

End-of-day close Gaming and Leisure Properties (GLPI), USD, to 27 March 2026
Story date29 December 202527 March 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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