Restaurants & Hospitality Acquisitions in New Mexico

Showing 1 transactions.

  • Buyer
    Strategic Gaming Management, LLC, Gaming and Leisure Properties, Inc. (GLPI)
    Target
    Sunland Park Racetrack & Casino
    Location
    New Mexico, United States
    Type
    Buyout

    Strategic Gaming Management, LLC (SGM) has completed the acquisition of Sunland Park Racetrack & Casino for $301 million. Immediately following closing, SGM sold the real property to Gaming and Leisure Properties, Inc. (GLPI) in a sale‑leaseback; the deal expands SGM's portfolio of regional gaming assets and adds a leading New Mexico racetrack and casino.

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