GLPI is the first REIT of its kind which owns the real estate leased to casino operators on a triple-net basis. In addition to the monthly rent, the casino operators pay for all of the taxes, insurance, utilities and essentially all of the property maintenance.
Gaming And Leisure Properties: Time To Bet On This 8% High-Yield REIT?
GLPI is the first REIT of its kind which owns the real estate leased to casino operators on a triple-net basis. In addition to the monthly rent, the casino operators pay for all of the taxes, insurance, utilities and essentially all of the property maintenance.