Gaming and Leisure Properties (GLPI) operator high

Gaming and Leisure Properties Inc. (GLPI) was the first gaming REIT — spun out of Penn National Gaming in November 2013, predating [[operator:vici-properties|VICI]] by four years. GLPI's Las Vegas footprint is comparatively small: it owns the dirt under the [[casino:m-resort|M Resort]] (which [[operator:penn-entertainment|Penn]] operates) and is the landlord-of-record for the planned [[operator:ballys-corporation|Bally's]] Tropicana-site resort.