Gaming and leisure properties completes previously announced sale of tropicana las vegas and simultaneously enters into ground lease with bally's corporation

Wyomissing, pa., sept. 27, 2022 (globe newswire) -- gaming and leisure properties, inc. (nasdaq: glpi) (the “company”), announced today the completion of the previously announced sale of glpi's non-land real estate assets and penn entertainment, inc.'s (nasdaq: penn) outstanding equity interests in tropicana las vegas hotel and casino, inc. to bally's corporation (nyse: baly) (“bally's”). glpi will receive net proceeds of approximately $145 million in cash after fees and expenses.
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