With the sale of the Perryville and Baton Rouge gaming operations, Gaming and Leisure no longer operates any of the casinos it owns. Louis, back to Casino Queen for $21.4m per year. It will lease the property, as well as DraftKings Casino Queen in St. GLPI also announced that it has sold the operations of Hollywood Casino Baton Rouge to Casino Queen Holding Company for $28.2m. Gaming and Leisure retains the real estate while selling the operations to a gambling company and charging it rent. It owns dozens of gaming properties, structuring lease deals with gambling operators similar to the one it announced with Penn National. GLPI is a real estate investment trust, spun off from Penn National Gaming in late 2013.
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