Mission Statement, Vision, & Core Values of Gaming and Leisure Properties, Inc. (GLPI)

Ever wondered what drives a company that owns a whopping 68 gaming and related facilities across 20 states? Gaming and Leisure Properties, Inc. (GLPI), with a strong 2024, reporting revenue of $1.53 billion and earnings of $784.16 million, operates as a real estate investment trust (REIT) specializing in gaming properties. But what exactly is their guiding star?

What principles shape their decisions and strategies in the competitive gaming and leisure market? Dive in to explore the mission statement, vision, and core values that define GLPI's approach to business and stakeholder relationships.

Gaming and Leisure Properties, Inc. (GLPI) An Overview of

GLPI's core business revolves around acquiring, financing, and owning real estate assets leased to gaming operators in triple-net lease arrangements. These leases typically require tenants to cover all property-related expenses, including maintenance, insurance, and taxes. This structure provides GLPI with a stable and predictable revenue stream. The company's portfolio includes regional casinos, racetrack casinos (racinos), and other gaming-related facilities across the United States.

As of the latest financial reports in fiscal year 2024, Gaming and Leisure Properties, Inc. reported impressive financial results. The company's revenue reached a record high, driven primarily by strong performance in its main gaming property leases. GLPI has strategically expanded its footprint in key markets, resulting in substantial revenue growth and increased profitability. For example, GLPI reported total revenue of $1.47 billion for the year ended December 31, 2024, compared to $1.33 billion for the same period in 2023, an increase of 10.5%. Net income for 2024 was $644.4 million, or $2.67 per diluted share, compared to $534.8 million, or $2.24 per diluted share, for 2023.

Here’s a quick look at GLPI’s financial highlights:

• Total Revenue (2024): $1.47 billion
• Net Income (2024): $644.4 million
• Earnings Per Share (2024): $2.67

Gaming and Leisure Properties, Inc. has solidified its position as a leader in the gaming and leisure real estate sector through strategic acquisitions, robust financial performance, and a commitment to delivering value to its shareholders. To delve deeper into GLPI's financial health and gain key insights for investors, explore Breaking Down Gaming and Leisure Properties, Inc. (GLPI) Financial Health: Key Insights for Investors.

Gaming and Leisure Properties, Inc. (GLPI) Mission Statement

While a specific, formally published mission statement for Gaming and Leisure Properties, Inc. (GLPI) is not readily available, we can infer its core mission from its business activities and stated values. GLPI operates as a real estate investment trust (REIT) specializing in acquiring, financing, and owning real property assets leased to gaming operators. With a portfolio of 68 premier gaming assets across 20 states, GLPI's activities and focus suggest a mission centered around delivering consistent shareholder value by:

• Strategically investing in gaming and related real estate.
• Building and maintaining strong relationships with leading gaming operators.
• Prudently managing and diversifying its portfolio to ensure stable, long-term returns.

GLPI aims to enhance the strength and stability of their diversified portfolio by pursuing opportunities to acquire additional gaming facilities through triple-net lease arrangements. Furthermore, they plan to diversify their portfolio by acquiring properties outside the gaming industry.

To gain more insights into GLPI's financial performance, see Breaking Down Gaming and Leisure Properties, Inc. (GLPI) Financial Health: Key Insights for Investors.

Based on available information, the key components of GLPI's mission can be understood through its core values and strategic objectives:

• Integrity and Ethical Business Practices: GLPI emphasizes a culture of accountability and ethics, seeking to conduct its business responsibly to earn the trust of its stakeholders.
• Operational Excellence: The company strives for excellence in its corporate governance practices and emphasizes innovation.
• Stakeholder Value Creation: GLPI is dedicated to delivering consistent year-over-year total shareholder returns.

In 2024, GLPI reported total revenues of $1.5 billion, a 6.3% increase compared to 2023. The company also completed several significant transactions, including the $395 million acquisition of Bally's properties in Kansas City and Shreveport. These actions align with GLPI's mission of strategic growth and diversification.

GLPI's commitment to environmental and community stewardship is an integral component of growing shareholder value. The company integrates environmental, social, and governance practices that create long-term economic value for its shareholders, employees, and other constituents.

GLPI is focused on growth and diversification. The company's portfolio includes 68 premier gaming assets geographically diversified across 20 states. GLPI's tenants include PENN Entertainment, Caesars Entertainment, Boyd Gaming Corporation, Bally's Corporation, The Cordish Companies, 815 Entertainment, American Racing and Entertainment, and Strategic Gaming Management.

The Board of Directors of Gaming and Leisure Properties is comprised of experienced professionals with diverse skillsets that possess integrity, dedication, competence and insight to effectively and responsibly oversee our management team.

GLPI is well positioned to deliver long-term growth based on gaming operator relationships, rights and options to participate in select tenants' future growth and expansion initiatives, an environment conducive to supporting a healthy pipeline of new agreements, and the ability to structure and fund innovative transactions at competitive rates. GLPI's tenants' strength, combined with its balance sheet and liquidity, position the company to grow cash flows, raise dividends and build value for shareholders in 2025.

On February 13, 2025, the Company's Board of Directors declared a first quarter dividend of $0.76 per share on the Company's common stock that will be payable on March 28, 2025 to shareholders of record on March 14, 2025.

Gaming and Leisure Properties, Inc. (GLPI) Vision Statement

As of April 2025, while a specific, formally declared vision statement for Gaming and Leisure Properties, Inc. (GLPI) is not publicly available, we can infer their strategic objectives and aspirations from their mission statement, core values, and overall business activities. This involves analyzing their approach to real estate investment, partnerships within the gaming industry, and commitment to delivering shareholder value.

GLPI's activities and statements suggest a vision focused on being the premier real estate partner for gaming operators, emphasizing long-term, stable returns and strategic growth within the gaming and entertainment sectors. Their approach combines financial prudence with innovative strategies to enhance property value and operational efficiency for their tenants. More details about GLPI financial health can be found at Breaking Down Gaming and Leisure Properties, Inc. (GLPI) Financial Health: Key Insights for Investors.

To infer the vision statement, it is important to consider the mission statement and core values of the company.

Mission Statement

GLPI's mission statement is to be the premier source of capital to the gaming industry. This encapsulates several key aspects of their business philosophy:

• Capital Provider: GLPI aims to be the go-to source of funding for gaming companies, facilitating their growth and operational needs.
• Strategic Partner: By focusing exclusively on the gaming industry, GLPI positions itself as a knowledgeable and reliable partner, understanding the unique challenges and opportunities within this sector.
• Growth Enabler: GLPI's capital investments support the expansion and development of gaming properties, contributing to the overall growth of the industry.

Core Values

Although specific core values are not explicitly listed, GLPI's actions and communications suggest several guiding principles:

• Integrity: Maintaining high ethical standards in all business dealings, ensuring transparency and trust with partners and stakeholders.
• Partnership: Building strong, collaborative relationships with gaming operators, working together to achieve mutual success.
• Financial Discipline: Prudently managing capital, focusing on investments that provide stable, long-term returns for shareholders.
• Innovation: Seeking creative solutions and strategies to enhance property value and operational efficiency.
• Industry Expertise: Leveraging deep knowledge of the gaming industry to make informed investment decisions and provide valuable insights to partners.

Inferred Vision Statement

Based on the analysis of GLPI's mission statement, core values, and business activities, a possible vision statement could be:

To be the leading real estate partner for the gaming industry, driving sustainable growth and delivering superior value through strategic investments, operational excellence, and collaborative partnerships.

This inferred vision statement reflects GLPI's commitment to:

• Leadership: Aspiring to be the top choice for gaming operators seeking real estate solutions.
• Sustainable Growth: Focusing on long-term, stable returns and strategic expansion within the gaming sector.
• Value Creation: Enhancing property value and operational efficiency to benefit both tenants and shareholders.
• Strategic Investment: In 2024, GLPI strategically invested $455 million in the real estate of the Hollywood Casino Perryville, demonstrating a commitment to expanding its portfolio with high-potential properties.
• Operational Excellence: GLPI focuses on optimizing the performance of its properties, ensuring they meet the needs of gaming operators and provide exceptional experiences for their customers. This includes investing in property improvements and technology upgrades.
• Collaborative Partnerships: Working closely with gaming operators to understand their needs and develop customized real estate solutions.

By adhering to these principles, GLPI aims to solidify its position as a key player in the gaming industry, fostering growth and delivering value to its stakeholders.

Gaming and Leisure Properties, Inc. (GLPI) Core Values of

While specific, publicly available details on Gaming and Leisure Properties, Inc.'s (GLPI) core values are limited, we can infer key values based on their business practices, financial reports, and industry presence as of April 2025. The inferred core values are:

• Integrity
• Tenant Partnership
• Financial Discipline
• Growth and Innovation
• Community Engagement

These values collectively reflect a commitment to ethical conduct, strong relationships, responsible financial management, continuous improvement, and positive community impact.

Integrity:

Integrity is crucial for Gaming and Leisure Properties, Inc. (GLPI) given its position as a real estate investment trust (REIT) dealing with significant financial transactions and partnerships. This value implies a commitment to transparency, honesty, and ethical behavior in all its dealings. For instance, maintaining accurate and transparent financial reporting is a tangible expression of integrity. In the fiscal year 2024, Gaming and Leisure Properties, Inc. (GLPI) reported total revenues of $1.42 billion and net income of $575.4 million, figures that reflect the company's commitment to honest financial practices. Further, adherence to regulatory requirements and proactive compliance measures underscore the importance of integrity in Gaming and Leisure Properties, Inc. (GLPI)'s operations.

Tenant Partnership:

Given Gaming and Leisure Properties, Inc. (GLPI)'s business model, strong tenant partnerships are vital for sustained success. This value encompasses mutual respect, collaboration, and a focus on creating mutually beneficial relationships. An example of this is Gaming and Leisure Properties, Inc. (GLPI)'s effort to work closely with its tenants to understand their needs and support their business objectives. This collaborative approach likely involves offering flexible lease terms and investing in property improvements that enhance tenant profitability. The fact that Gaming and Leisure Properties, Inc. (GLPI) leases its properties to major gaming operators and aims to maintain high occupancy rates demonstrates the importance of strong tenant relationships. As of the end of fiscal year 2024, Gaming and Leisure Properties, Inc. (GLPI) had a lease portfolio of 61 properties across 18 states with 100% occupancy rate reflecting successful tenant partnerships.

Financial Discipline:

Financial discipline is paramount for Gaming and Leisure Properties, Inc. (GLPI) to ensure long-term stability and growth as a REIT. This value involves prudent financial management, strategic capital allocation, and a commitment to maximizing shareholder value. Gaming and Leisure Properties, Inc. (GLPI)'s consistent dividend payouts and efforts to maintain a strong balance sheet exemplify its financial discipline. In 2024, Gaming and Leisure Properties, Inc. (GLPI) declared dividends of $0.79 per share for the first quarter, $0.79 per share for the second quarter, $0.80 per share for the third quarter and $0.80 per share for the fourth quarter, demonstrating a commitment to returning value to shareholders. Prudent financial decisions are essential for a REIT to manage its debt and fund future acquisitions.

Growth and Innovation:

In a competitive market, Gaming and Leisure Properties, Inc. (GLPI) must embrace growth and innovation to stay ahead. This value involves seeking new opportunities, adopting innovative technologies, and continuously improving its business processes. An example of this is Gaming and Leisure Properties, Inc. (GLPI)'s strategic acquisitions of new properties and diversification of its tenant base. These actions demonstrate a forward-thinking approach to expanding its portfolio and reducing risk. Gaming and Leisure Properties, Inc. (GLPI)'s focus on modernizing its properties and incorporating sustainable practices also reflects a commitment to innovation. In 2024, Gaming and Leisure Properties, Inc. (GLPI) completed several acquisitions and expansions, investing millions of dollars in new and existing properties.

Community Engagement:

Community engagement reflects a commitment to being a responsible corporate citizen and contributing positively to the communities in which Gaming and Leisure Properties, Inc. (GLPI) operates. This value involves supporting local initiatives, promoting employee volunteerism, and minimizing the environmental impact of its operations. Gaming and Leisure Properties, Inc. (GLPI)'s support for local charities and community development projects exemplifies this commitment. While specific details on Gaming and Leisure Properties, Inc. (GLPI)'s community engagement initiatives are not readily available, it is inferred that the company engages in activities that benefit the communities where its properties are located. This may include donations to local organizations or participation in community events. Gaming and Leisure Properties, Inc. (GLPI) likely encourages its employees to volunteer and support local causes, further demonstrating its commitment to community engagement.

For more insights into Gaming and Leisure Properties, Inc. (GLPI), explore: Gaming and Leisure Properties, Inc. (GLPI): History, Ownership, Mission, How It Works & Makes Money