The lease terms are 15 years with four five-year extensions. Louis property for initial cash rent of around $21.4m per year. GLPI also entered a master lease with both the HCBR facility and Casino Queen’s East St. Under the reworked lease agreement, Wyoming-based real estate investment trust GLPI keeps the real estate for HCBR. The company is owned by Standard General, which either owns or is under contract to buy four casinos across three states to expand its sports wagering and casino operations. Louis, Illinois, and Casino Queen Marquette in Iowa.
Casino Queen operates two Midwest riverboat casinos: DraftKings at Casino Queen in East St.
