Truist analyst links GLPI share weakness to Bally’s Chicago delays and credit
Truist Securities analyst Barry Jonas said construction delays at Bally’s Chicago and investor concerns about Bally’s credit may have weighed on Gaming and Leisure Properties shares. He said GLPI’s leases remain well covered and that another operator could be interested in the Chicago property if Bally’s had to leave.
The analyst’s assessment identifies potential construction and tenant-credit risks for GLPI investors.