GLPI CEO: Gaming Revenue "Bulletproof" Despite Regional Ma

Gaming & Leisure Properties Inc. (GLPI) CEO Peter Carlino asserted the "bulletproof" nature of gaming revenue, despite concerns about weakness in the regional market, stating that consumer demand for entertainment remains strong. GLPI executives also discussed potential M&A activities, notably dismissing strong ties to MGM and Caesars, and provided updates on Bally's projects in Las Vegas, Chicago, and the Bronx, while downplaying the impact of igaming on land-based casinos. Carlino also addressed the low valuation of gaming stocks, emphasizing the industry's stability.