Brandon Moore's New Role at Gaming and Leisure Properties
Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) has made a significant leadership change with the promotion of Brandon Moore to the role of President. This step, effective immediately, adds to his existing responsibilities as Chief Operating Officer. Moore's appointment reflects the company's confidence in his capability to drive future growth.
Brandon Moore's Impact on GLPI
Brandon Moore has been with Gaming and Leisure Properties since its inception. His extensive experience in the gaming industry, combined with his strong legal background, has positioned him as a vital asset for the company. As he takes on this new role, he will continue to report directly to Peter Carlino, the Company's Chairman and Chief Executive Officer.
Tenure and Experience
Moore joined GLPI in 2014, and during his tenure as Senior Vice President and General Counsel, he has been instrumental in the company's achievements. His past role as Vice President at Penn National Gaming, Inc. has also provided him with a solid foundation in legal and regulatory matters pertinent to the industry.
Strategic Vision for Growth
Peter Carlino praised Moore's contributions, stating, "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." His ability to align GLPI's financial and legal teams to seek out new opportunities for transactions is crucial as the company continues to expand.
GLPI's Business Model
Gaming and Leisure Properties is dedicated to acquiring, financing, and owning real estate properties that are leased to gaming operators. The company operates under a triple-net lease model, where tenants handle all maintenance, taxes, and insurance associated with their leased properties. This business approach has been successful in minimizing operational risks while maximizing revenue streams.
The Future of Gaming and Leisure Properties
As GLPI continues to navigate the complexities of the gaming and real estate sectors, the leadership of Brandon Moore is expected to play a pivotal role. His prior achievements and in-depth industry knowledge are anticipated to be vital as the company embarks on new ventures in real estate and financing transactions.
Brandon's Vision for Innovation
Brandon Moore's commitment to innovative solutions within the gaming space highlights his readiness to tackle challenges and explore opportunities with existing and potential tenants. His proactive approach to capital allocation will ensure that GLPI remains well-positioned for future success.
Contact Information
For more information about Gaming and Leisure Properties or inquiries related to the company, please reach out to:
Gaming and Leisure Properties, Inc.
Matthew Demchyk, Chief Investment Officer
610/401-2900
investorinquiries@glpropinc.com
Investor Relations
Joseph Jaffoni, Richard Land, James Leahy at JCIR
212/835-8500
glpi@jcir.com
Frequently Asked Questions
What is the significance of Brandon Moore’s promotion?
Brandon Moore's promotion to President highlights his vital role in GLPI's growth and reflects the company's trust in his leadership capabilities.
How long has Brandon Moore been with Gaming and Leisure Properties?
Brandon Moore has been with Gaming and Leisure Properties since its founding in 2014.
What type of business model does GLPI follow?
GLPI operates under a triple-net lease model, where tenants are responsible for all property-related expenses.
What are some of Brandon Moore's previous roles?
Prior to his work at GLPI, Moore was Vice President, Senior Corporate Counsel at Penn National Gaming, Inc.
How does GLPI plan to continue its growth?
GLPI plans to grow through new real estate and financing transactions while maintaining a focus on prudent capital allocation.
