Gaming and Leisure Properties Acquires Bally's Lincoln Real Estate for $700 Million

Reuters05:16

Gaming and Leisure Properties Acquires Bally's Lincoln Real Estate for $700 Million

Gaming and Leisure Properties Inc. has acquired the real estate assets of Bally's Lincoln in Lincoln, Rhode Island, from Bally's Corporation for $700 million. The acquisition adds a premier regional casino property to GLPI's portfolio, expanding its relationship with Bally's to five assets under the Bally's Master Lease II. Bally's Lincoln, located on a 190-acre site, features a 165,000-square-foot casino, a 29,000-square-foot convention center, a 136-room hotel, and multiple entertainment venues. The transaction was primarily funded through debt and is expected to be immediately accretive to GLPI's adjusted funds from operations per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gaming and Leisure Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9653148) on February 11, 2026, and is solely responsible for the information contained therein.

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The acquisition adds a premier regional casino property to GLPI's portfolio, expanding its relationship with Bally's to five assets under the Bally's Master Lease II. Bally's Lincoln, located on a 190-acre site, features a 165,000-square-foot casino, a 29,000-square-foot convention center, a 136-room hotel, and multiple entertainment venues. The transaction was primarily funded through debt and is expected to be immediately accretive to GLPI's adjusted funds from operations per share.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gaming and Leisure Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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