Bally's Lincoln real estate assets Acquired by Gaming and Leisure Properties | Real Estate Services M&A Deal

Gaming and Leisure Properties has acquired Bally's Lincoln real estate assets, a real estate services other business in Pennsylvania, for $420.0 million. Gaming and Leisure Properties acquisitions focus on owning and operating gaming-related real estate that supports Bally’s Lincoln operations in PA, strengthening tenant stability and lease coverage. The real estate services other acquisition expands Gaming and Leisure Properties acquisitions footprint through real estate services M&A and PA acquisitions tied to gaming venues. The add on acquisition is a public company acquisition by GLPI, with deal size reported at $420.0 million and positioned as an add on acquisition to broaden the portfolio.