Gaming and Leisure Properties

Kindred's Nomination Committee proposes five new members to the Board of Directors

Retrieved on: 
Friday, December 23, 2022
Well, CVS, Kindred Group, Disclosure, Kambi Group, McCue, Gaming and Leisure Properties, The Restaurant Group, Risk, Senior, Guggenheim Partners, Committee, 2009 Davis Cup, New Board, SAS, Bassac, AGM, Lumber, Management, Publishing, Security (finance), Health insurance, Kindred, Investment, EU

The Motivated Opinion of the Nomination Committee will be published together with the Notice of the AGM 2023.

Key Points: 
  • The Motivated Opinion of the Nomination Committee will be published together with the Notice of the AGM 2023.
  • Keith Meister of Corvex Management and the Chairman of the Nomination Committee stated:
    "The Nomination Committee believes that its proposed Board, which replaces a majority of Directors, should be communicated to stakeholders in a timely manner.
  • Since its formation in the Fall this year, the Nomination Committee has conducted interviews with all current members of the Board of Directors, a significant number of highly qualified potential candidates, and the CEO of Kindred.
  • The Nomination Committee believes the proposed Board is ideally suited to work with management and represent shareholders' interests.

Kindred's Nomination Committee proposes five new members to the Board of Directors

Retrieved on: 
Friday, December 23, 2022
Well, CVS, Kindred Group, Disclosure, Kambi Group, McCue, Gaming and Leisure Properties, The Restaurant Group, Risk, Senior, Guggenheim Partners, Committee, 2009 Davis Cup, New Board, SAS, Bassac, AGM, Lumber, Management, Publishing, Security (finance), Health insurance, Kindred, Investment, EU

The Motivated Opinion of the Nomination Committee will be published together with the Notice of the AGM 2023.

Key Points: 
  • The Motivated Opinion of the Nomination Committee will be published together with the Notice of the AGM 2023.
  • Keith Meister of Corvex Management and the Chairman of the Nomination Committee stated:
    "The Nomination Committee believes that its proposed Board, which replaces a majority of Directors, should be communicated to stakeholders in a timely manner.
  • Since its formation in the Fall this year, the Nomination Committee has conducted interviews with all current members of the Board of Directors, a significant number of highly qualified potential candidates, and the CEO of Kindred.
  • The Nomination Committee believes the proposed Board is ideally suited to work with management and represent shareholders' interests.

Jeannie Caruso, CEO of Gaming & Leisure, "Congrats to Quick Custom Intelligence on Winning the Industry Excellence Award for the Second Year in a Row!"

Retrieved on: 
Wednesday, October 26, 2022
SAN, Cannery Casino Resorts, Culture, Customer, Industry, CIOS, G&L, Marketing, CXO, CEO, QCI, CTO, Gaming and Leisure Properties, View, Video game

The Industry Excellence awards represent specific core competencies that companies bring to the industry.

Key Points: 
  • The Industry Excellence awards represent specific core competencies that companies bring to the industry.
  • "The G&L Industry Excellence Awards recognize specific areas of stellar performance demonstrated by companies during the past year.
  • Gaming & Leisure is an organization dedicated to the betterment and unification of the gaming and hospitality industry.
  • The QCI Platform aligns player development, marketing and gaming with powerful real-time operational tools developed for the gaming and hospitality industries.

2022 G&L Annual Gaming & Hospitality Industry Award Recipients Announced

Retrieved on: 
Monday, October 17, 2022
Shareware Industry Awards, Chicago Innovation Awards, Annual, SSI, Newsfirst Platinum Awards, Industry, Philosophy, CIOS, Technology, Leisure, CXO, CEO, Solution, Gaming and Leisure Properties, Video game, Entertainment, Infor, Agilysys

LAS VEGAS, Oct. 17, 2022 /PRNewswire/ --Gaming & Leisure, a preeminent gaming & hospitality organization, releases today the recipients of the 2022 Annual Gaming & Hospitality Industry Awards .

Key Points: 
  • LAS VEGAS, Oct. 17, 2022 /PRNewswire/ --Gaming & Leisure, a preeminent gaming & hospitality organization, releases today the recipients of the 2022 Annual Gaming & Hospitality Industry Awards .
  • Recipients will be featured in the upcoming Winter 2022 edition of Gaming & Leisure, written by industry renowned executive, Bart Lewin.
  • "We are delighted and honored that Infor has received the Platinum Award in the Annual Gaming & Hospitality Industry Awards for 2022," said Jason Floyd, general manager of hospitality solutions at Infor.
  • Gaming & Leisure is an organization dedicated to the betterment and unification of the gaming and hospitality industry.

Hospitality Software Frontrunner Agilysys Receives Three Awards for Mobile Food & Beverage (F&B) Ordering and Payment Self-Service, Interoperability Advancements and Positive Impact on the Gaming Industry

Retrieved on: 
Monday, October 10, 2022
Retail, Technology, Other Travel, Food Tech, Lodging, Travel, Other Entertainment, Other Retail, Other Technology, Casino, Gaming, Delivery Services, Software, Entertainment, Food, Beverage, Mobile, Wireless, Native, Inventory, Sale, Technology, POS, Silver, Education, Hospital, IG, Drink, Nasdaq, Partnership, Gaming and Leisure Properties, Knowledge, Collection, ROI, G&L, PMS, Company, Industry, CEO, Food, F&B, GGB, Solution, View, Consumer, Video game, Restaurant, Risk management, Online gambling, Hotel, ROE, Experience, Agilysys

The solution – branded IG OnDemand -- makes it fast and easy for hospitality and gaming guests to use a personal mobile device to view, order and pay for food and beverages from multiple dining venues across a property, as well as to request self-pick-up or delivery to the casino area, to poolside, to cabanas, to the beach, to their rooms or to other designated areas. Mobile access and convenience stimulate impulse buys, increase order volumes, raise check values, and shrink staff workloads while also improving guest service.

Key Points: 
  • Mobile access and convenience stimulate impulse buys, increase order volumes, raise check values, and shrink staff workloads while also improving guest service.
  • The Gaming & Leisure Transportation Award, recognizing Agilysys for dramatically changing the gaming and hospitality industrys technology landscape in the area of interoperability, among other criteria.
  • Global Gaming Business magazines Silver Award for Best Consumer Service Technology, recognizing the direct positive impact Agilysys IG OnDemand technology has on guest experiences.
  • Core solutions and Experience Enhancers are selectively combined in Hospitality Solution Studios tailored to specific hospitality settings and business needs.

Gaming & Leisure Properties and PENN Entertainment Agree to New Master Lease Terms and Development Funding

Retrieved on: 
Monday, October 10, 2022
Aurora, Securities & Exchange Commission of Pakistan, Insurance, Federal Lands Jobs and Energy Security Act, Gaming and Leisure Properties, Pandemic, Growth, Tenant, Person, Annual report, The Meadows, Hollywood Casino Columbus, Security (finance), REIT, Investment, Nasdaq, Securities Act of 1933, GLPI, Securities Exchange Act of 1934, Tax, U.S. Securities and Exchange Commission, GLOBE, Maintenance, Public expenditure, Forward-looking statement, COVID-19, Sumathi Best Television Current Reporting Award, Hollywood Casino, Penn, Lease, Property management

WYOMISSING, Pa., Oct. 10, 2022 (GLOBE NEWSWIRE) --  Gaming & Leisure Properties, Inc. (“GLPI” or the “Company”) (Nasdaq: GLPI) announced today that it agreed to create a new master lease with PENN Entertainment, Inc. (“PENN”) (Nasdaq: PENN) for seven of PENN’s current properties. The companies have also agreed to a funding mechanism to support PENN’s pursuit of relocation and development opportunities at several of the properties included in the new master lease. The transaction, including the creation of the new master lease, is subject to customary regulatory approvals and is expected to be effective January 1, 2023.  

Key Points: 
  • WYOMISSING, Pa., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gaming & Leisure Properties, Inc. (GLPI or the Company) (Nasdaq: GLPI) announced today that it agreed to create a new master lease with PENN Entertainment, Inc. (PENN) (Nasdaq: PENN) for seven of PENNs current properties.
  • The companies have also agreed to a funding mechanism to support PENNs pursuit of relocation and development opportunities at several of the properties included in the new master lease.
  • Pursuant to the terms agreed upon by the parties, the current PENN master lease will be amended to remove PENNs properties in Aurora and Joliet, Illinois; Columbus and Toledo, Ohio; and Henderson, Nevada and those properties will be added to the new master lease.
  • Throughout its 28 years as a public company, PENN Entertainment has emerged as the industrys pre-eminent developer of regional gaming assets.

Jeannie Caruso, CEO of Gaming & Leisure says, "Congratulations to Quick Custom Intelligence on the Announcement of Signing their 75th Casino Resort."

Retrieved on: 
Friday, July 22, 2022
Gaming and Leisure Properties, View, CIOS, Industry, CEO, SAN, G&L, Marketing, Multimedia, CXO, QCI, Growth, Casino, Online gambling

SAN DIEGO, July 22, 2022 /PRNewswire/ --Quick Custom Intelligence ("QCI") announced the signing of their 75th casino resort.

Key Points: 
  • SAN DIEGO, July 22, 2022 /PRNewswire/ --Quick Custom Intelligence ("QCI") announced the signing of their 75th casino resort.
  • Jeannie Caruso, CEO of Gaming & Leisure said, "Signing 75 resort casinos is a major milestone for any gaming company, but doing this in just over two years is remarkable.
  • What has also impressed me is that the rate of fully successful deployments is about one casino resort per week.
  • CEO of QCI, Dr. Ralph Thomas stated "We are excited to announce the signing of our 75th casino resort in North America.

Houlihan Lokey Expands Gaming Technology Coverage With Key Hire

Retrieved on: 
Tuesday, June 21, 2022
Finance, Banking, Electronic Games, Professional Services, Entertainment, Senior, Sport, Gaming and Leisure Properties, Macquarie Group, Leadership, Research, Technology, Adoption, Growth, Protect Our Winters, Taiwan Academy of Banking and Finance, Credit Suisse, Deutsche Bank, SoundView Technology Group, Hofstra University, Houlihan, No, NYSE, Lokey, Climate, Online gambling, Financial services, Refinitiv

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Joel Simkins has joined the firms Technology Group as a Managing Director covering the gaming sector.

Key Points: 
  • Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Joel Simkins has joined the firms Technology Group as a Managing Director covering the gaming sector.
  • These qualities, coupled with his commitment to client service, mentorship, and leadership, make Joel an excellent fit with Houlihan Lokeys corporate culture.
  • Im excited to be a part of the largest and most active Technology Group in investment banking, particularly during such an active and dynamically evolving period in the gaming technology sector.
  • Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation.

Jamul Casino® Welcomes Industry Leader, Ram Patrachari, as New Chief Information Officer

Retrieved on: 
Wednesday, June 15, 2022
Bell Labs, Population, PMP, Culture, MBA, Workplace, Environment, Project Management Professional, Technology, Institute, Electrical engineering technology, Gaming and Leisure Properties, UC, Business, San Diego Business Journal, Exodus Communications, Casino, Electronics, Advisory board, Information technology, University, CISSP, General manager, Compaq, Ram, AT&T Mobility, Jamul Casino, UC Berkeley School of Law, Stevens Institute of Technology, San Diego Magazine, Monmouth University, IEEE, Electricity, University of California, Berkeley, Restaurant, Certified Information Systems Security Professional, AT, Goal, Online gambling

JAMUL, Calif., June 14, 2022 /PRNewswire/ -- Jamul Casino has recruited Ram Patrachari to its team as its new Chief Information Officer.  With more than two decades of IT and casino experience, Ram is a sought-after gaming technology industry expert, speaker, and award-winning executive.  Jamul Casino engaged Mr. Patrachari to build new technology systems to help ensure that the Casino remains a regional leader, offering a secure and seamless experience for all casino guests.

Key Points: 
  • JAMUL, Calif., June 14, 2022 /PRNewswire/ -- Jamul Casino has recruited Ram Patrachari to its team as its new Chief Information Officer.
  • With more than two decades of IT and casino experience, Ram is a sought-after gaming technology industry expert, speaker, and award-winning executive.
  • Jamul Casino engaged Mr. Patrachari to build new technology systems to help ensure that the Casino remains a regional leader, offering a secure and seamless experience for all casino guests.
  • President and General Manager of Jamul Casino, Mary Cheeks, says, "Ram's experience and expertise will be absolutely invaluable as we continue to develop our property and grow our casino services.

2021 Sale Leaseback Volume Climbs 92%

Retrieved on: 
Wednesday, March 23, 2022
Medical Properties Trust, Face, LinkedIn, Sale, SLB, Gaming and Leisure Properties, The Cordish Companies, Acquisition, Retail, Financial services, Springstone

NEW YORK, March 23, 2022 /PRNewswire/ -- The latest quarterly sale leaseback market update, compiled and published by SLB Capital Advisors, a sale leaseback advisory firm, showed markedly higher deal volume during 2021.

Key Points: 
  • "Private equity firms and corporates turned to sale leasebacks at an increasing rate in 2021," said SLB Managing Partner Scott Merkle.
  • In 2018 and 2019, industrial properties contributed 41-42% of overall sale leaseback activity.
  • Over the last two years, partially driven by headwinds in the office and retail sectors, industrial ticked up to comprise 54% and 48% in 2020 and 2021, respectively, of all sale leaseback activity.
  • SLB Partner Stephen Cheng commented "Sale leaseback activity in 2021 was broad-based across property types, with large transactions in industrial, office and retail, plus more specialized areas like gaming and behavioral healthcare.