The new master leasee will add Penn's properties in Aurora and Joliet, Illinois Columbus and Toledo, Ohio and Henderson, Nevada. 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.
Gaming & Leisure Properties ( NASDAQ: GLPI) announced that it agreed to create a new master lease with Penn Entertainment ( NASDAQ: PENN) for seven current properties.
