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Gaming and Leisure Properties, Inc Reports Record Fourth Quarter Results, Establishes 2024 Guidance and Announces 2024 First Quarter Dividend of $0 76 Per Share

Gaming and Leisure Properties, Inc Reports Record Fourth Quarter Results, Establishes 2024 Guidance and Announces 2024 First Quarter Dividend of $0 76 Per Share
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Gaming and Leisure Properties acquires Tioga Downs Casino Resort real estate assets

Gaming and Leisure Properties acquires Tioga Downs Casino Resort real estate assets
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Gaming and Leisure Properties acquires real estate assets of Tioga Downs Casino Resort

The transaction is valued at $175.0 million.

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Tioga Downs real estate sold

American Racing & Entertainment, LLC announced on Tuesday (Feb. 6) that it sold the real estate assets of harness racing racino Tioga Downs Casino Resort to Gaming and Leisure Properties Inc. (GLPI) for $175 million. American Racing & Entertainment, headed by CEO Jeff Gural, will continue to operate Tioga Downs via an accompanying 30-year lease

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American Racing & Entertainment sells Tioga Downs real-estate assets

NICHOLS, N.Y. Tioga Downs Casino Resort owner American Racing & Entertainment LLC (ARE) has sold the real-estate assets of the racing and gaming venue to Gaming and Leisure Properties, Inc., (NASDAQ: GLPI) for $175 million, ARE announced.

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