GLPI joins NAAiG to slow iGaming expansion
The operator currently owns 68 gaming properties across 20 states in the US, citing concerns about iGaming’s long-term impact on its business and tenant performance.
Key Points
- GLPI also qualifies as a REIT, explaining it does not operate casinos directly but is directly tied to the success of land-based gaming facilities
- The NAAiG is composed of business leaders, labor unions, policymakers and municipalities uniting to “push back” against iGaming expansion
Gaming and Leisure Properties (GLPI) has officially joined the National Association Against iGaming (NAAiG) in hopes of slowing the expansion of online gambling and “protect the foundational infrastructure of the gaming industry.”
“GLPI’s decision to join NAAiG underscores the growing consensus across the industry that iGaming’s risks are real and far-reaching,” NAAiG Board Member and Cordish Companies EVP & General Counsel Mark Stewart said.
“When the future of in-person gaming is threatened, we don’t just lose entertainment venues—we lose jobs, tax revenue, local investment and critical economic anchors. GLPI’s leadership sends a powerful message about what’s at stake.”
The NAAiG is composed of business leaders, labor unions, policymakers and municipalities uniting to “push back” against iGaming expansion. GLPI serves as a real estate investment trust (REIT) and currently owns 68 gaming properties across 20 states in the US.
“iGaming threatens the entire value chain of in-person entertainment—undermining jobs, weakening local revenues and diminishing the long-term appeal of destination gaming,” Churchill Downs Senior Director of Government Relations and fellow NAAiG Board Member Shannon McCracken said.
“We’re encouraged to see more industry stakeholders stepping up to protect the future of physical gaming infrastructure and advocate for responsible, community-first policies.”
Good to know: GLPI released the figures behind its financial performance during Q1 2025 on April 24, including an increase in both total revenue and adjusted EBITDA, having generated over $395.2m of revenue throughout the period
As a REIT, GLPI stated while it does not operate the casinos directly, its success is directly tied to the performance of land-based facilities and the communities surrounding each property.
The operator cited concerns regarding long-term impact on its business, tenant performance and broader public policy as to why it joined the NAAiG.
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