Strategic Gaming Management completes $301 million Sunland Park acquisition

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STRATEGIC GAMING MANAGEMENT ANNOUNCES COMPLETION OF ACQUISITION OF SUNLAND PARK RACETRACK & CASINO FOR $301 MILLION

October 15, 2025 4:01 PM EDT

Company announces key hire and management changes.

RENO, Nev., Oct. 15, 2025 /PRNewswire/ -- Strategic Gaming Management, LLC ("SGM") today announced the closing of its acquisition of Sunland Park Racetrack & Casino for $301 million. Immediately following closing, SGM sold the real property to Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) ("GLPI"), in a sale-leaseback transaction.

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