Gaming and Leisure Properties Promotes Brandon Moore to Additional Role of President
September 30 2024 - 7:30AM
Gaming and Leisure Properties, Inc. (“GLPI” or the “Company”)
(NASDAQ: GLPI) today announced the promotion of Chief Operating
Officer, Brandon Moore, to the additional role of President,
effective immediately. Mr. Moore will continue to report to the
Company’s Chairman and Chief Executive Officer, Peter Carlino.
“Brandon has played an instrumental role in all
of GLPI’s growth and success since we established North America’s
first gaming-focused real estate investment trust over ten years
ago,” said Peter Carlino. “With his strong legal background,
experience in the gaming industry spanning fourteen years, his
involvement in the tax-free spin which created GLPI, and over ten
years of success as a leader in the REIT industry, I am delighted
to have Brandon take on the role of President at GLPI.”
“Brandon has been a key driver of the approach
our excellent finance, accounting, development and legal teams take
as they work closely with tenants and seek to identify and
consummate new transactions for GLPI, while financing our growth
with a prudent approach to capital allocation. I am confident that
Brandon’s background, expertise and knowledge will remain highly
valuable to GLPI as we continue to build the Company through new
real estate and financing transactions, project development, and
innovative structures with existing and prospective tenants.”
Brandon Moore joined GLPI near its inception in
2014 as Senior Vice President and General Counsel and previously
served as Vice President, Senior Corporate Counsel at Penn National
Gaming, Inc. (now PENN Entertainment, Inc.) from February 2010 to
2014 where he was a senior member of the legal team responsible for
a variety of transactional, regulatory and general legal matters.
Prior to joining PENN Entertainment, Mr. Moore was Of Counsel to
Ballard Spahr, LLP, a Philadelphia based law firm where he provided
advanced legal counsel to private and public clients on a wide
variety of legal, compliance and regulatory matters. He earned a
B.S. in Finance with high distinction from Pennsylvania State
University in 1996 and received his J.D. from the University of
Pennsylvania Law School in 1999. Mr. Moore is a member of the
Pennsylvania Bar Association.
About Gaming and Leisure
PropertiesGLPI is engaged in the business of acquiring,
financing, and owning real estate property to be leased to gaming
operators in triple-net lease arrangements, pursuant to which the
tenant is responsible for all facility maintenance, insurance
required in connection with the leased properties and the business
conducted on the leased properties, taxes levied on or with respect
to the leased properties and all utilities and other services
necessary or appropriate for the leased properties and the business
conducted on the leased properties.
Forward-Looking StatementsThis
press release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements can be identified by the use of
forward-looking terminology such as “expects,” “believes,”
“estimates,” “intends,” “may,” “will,” “should” or “anticipates” or
the negative or other variation of these or similar words, or by
discussions of future events, strategies or risks and
uncertainties. Such forward-looking statements are inherently
subject to risks, uncertainties and assumptions about GLPI and its
subsidiaries, including risks related to the following: GLPI’s
ability to successfully source and consummate transactions,
including receipt of all required approvals and consents, or other
delays or impediments to completing transactions; GLPI's ability to
maintain its status as a REIT; our ability to access capital
through debt and equity markets in amounts and at rates and costs
acceptable to GLPI; the impact of our substantial indebtedness on
our future operations; changes in the U.S. tax law and other state,
federal or local laws, whether or not specific to REITs or to the
gaming or lodging industries; and other factors described in GLPI’s
Annual Report on Form 10-K for the year ended December 31, 2023,
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K,
each as filed with the Securities and Exchange Commission. All
subsequent written and oral forward-looking statements attributable
to GLPI or persons acting on GLPI’s behalf are expressly qualified
in their entirety by the cautionary statements included in this
press release. GLPI undertakes no obligation to publicly update or
revise any forward-looking statements contained or incorporated by
reference herein, whether as a result of new information, future
events or otherwise, except as required by law. In light of these
risks, uncertainties and assumptions, the forward-looking events
discussed in this press release may not occur as presented or at
all.
ContactGaming and Leisure Properties,
Inc.Matthew Demchyk, Chief Investment
Officer610/401-2900investorinquiries@glpropinc.com
Investor RelationsJoseph Jaffoni, Richard Land, James Leahy at
JCIR212/835-8500glpi@jcir.com
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