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Gaming and Leisure Properties, Inc. (GLPI) CEO Peter Carlino on Q1 2020 Results - Earnings Call Transcript

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Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Q1 2020 Earnings Conference Call May 1, 2020 9:00 AM ET

Company Participants

Joe Jaffoni - JCIR

Peter Carlino - Chairman and CEO

Steve Snyder - CFO

Desiree Burke - SVP and CAO

Brandon Moore - SVP, General Counsel and Secretary

Steve Ladany - SVP

Matt Demchyk - Senior VP of Investments

Conference Call Participants

Carlo Santarelli - Deutsche Bank

Nick Yulico - Scotiabank

Thomas Allen - Morgan Stanley

Barry Jonas - SunTrust

Joe Greff - JPMorgan

Jay Kornreich - SMBC

David Katz - Jefferies

Shaun Kelley - Bank of America

Jordan Bender - Macquarie

Robin Farley - UBS

John DeCree - Union Gaming

John Massocca - Ladenburg Thalmann

Spencer Allaway - Green Street Advisors


Welcome to Gaming and Leisure Properties First Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

I would now like to turn the conference over to Joe Jaffoni with JCIR. Thank you. You may begin.

Joe Jaffoni

Thank you, Sherry, and good morning, everyone, and thank you for joining Gaming and Leisure Properties' first quarter 2020 earnings call and webcast.

The press release distributed yesterday afternoon is available on the Investor Relations section of our website at www.glpropinc.com. On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ materially from those discussed today. Forward-looking statements may include those related to revenue, operating income and financial guidance, as well as non-GAAP financial measures such as FFO and AFFO.

As a reminder, forward-looking statements represent management's current estimates and the company assumes no obligation to update any forward-looking statements in the future. We

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