Gaming and Leisure Properties Inc
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GLPI Gaming and Leisure Properties Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Value
Company profile

Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company's primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The Company's segments include GLP Capital, L.P. (GLP Capital), a subsidiary of GLPI through, which GLPI owns all of its real estate assets, and the TRS Segment. The GLP Capital segment consists of the leased real property and represents the majority of its business. The TRS Segment consists of Hollywood Casino Perryville. The Company's portfolio consists of interests in approximately 51 gaming and related facilities. The Company's portfolio includes Hollywood Casino Lawrenceburg, Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Casino at Penn National Race, Hollywood Casino Bangor and others.

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Google, Intel, GM join list of big companies skipping CES in person due to COVID fears

10:36 pm ET December 23, 2021 (MarketWatch)

By Mike Murphy

More and more companies switching gears to virtual-presence only due to fast-spreading omicron

CES 2022 lost more major participants Thursday due to growing COVID-19 concerns, but the organizers of the world's largest tech conference vowed to carry on.

Alphabet Inc.'s (GOOGL)(GOOGL) Google and Waymo, Intel Corp. (INTC), Lenovo Group Ltd. and General Motors Co. (GM) are the latest to cancel their in-person presence at CES, which is scheduled to be held the first week in January. The companies said they will proceed with all-digital, virtual presentations.

"Based on quickly rising COVID-19 infection rates, Waymo has made the difficult decision not to participate in person at CES 2022," Alphabet's self-driving car unit said Thursday in a statement. Google later said in a statement that it, too, will not have an in-person presence.

Intel also cited COVID concerns. "The health and safety of our employees, partners and customers is always a top priority. After consulting with health officials and in the spirit of Intel's safety policy, our plans for CES will move to a digital-first, live experience, with minimal on-site staff," the chip maker said in a statement Thursday.

GM on Thursday said it has "decided to move to an all-digital approach," though CEO Mary Barra will still make a keynote speech Jan. 5, and the auto maker will reveal the Chevrolet Silverado EV in a digital presentation.

Lenovo bowed out Wednesday night.

Earlier this week, Facebook parent Meta Platforms Inc. (FB), Twitter Inc. (TWTR), Inc. (AMZN) and AT&T Inc. (T) said they would not attend in person.

T-Mobile USA (TMUS) it will remain a CES sponsor, but will drastically reduce its in-person presence, the telecom company said in a statement Tuesday, adding that CEO Mike Sievert will no longer deliver a keynote address.

Despite the rash of cancelations, Consumer Technology Association President Gary Shapiro said in a statement Thursday that the show will go on. "Given CES's comprehensive health measures -- vaccination requirement, masking and availability of COVID-19 tests -- coupled with lower attendance and social distancing measures, we are confident that attendees and exhibitors can have a socially distanced but worthwhile and productive event in Las Vegas, or while experiencing it online," he said.

Shapiro noted more than 2,000 companies will still participate in person, and CES expects 50,000 to 75,000 attendees at the Las Vegas event. It will require attendees to be vaccinated and to wear masks.

Last year, the pandemic forced CES to go entirely online.

-Mike Murphy


(END) Dow Jones Newswires

December 23, 2021 22:36 ET (03:36 GMT)

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