The company said total revenues for the quarter Q2 2025 rose 4.6% year over year to $1.0 billion, net income attributable to common stockholders was $865.1 million ($0.82 per share), and AFFO was $630.2 million ($0.60 per share).

1. 01

   The company said total revenues for the quarter Q2 2025 rose 4.6% year over year to $1.0 billion, net income attributable to common stockholders was $865.1 million ($0.82 per share), and AFFO was $630.2 million ($0.60 per share).

2. 02

   The company said the year-over-year increase in net income was driven, on an absolute basis, by the $99.0 million aggregate change in the CECL allowance from Q2 2024 to Q2 2025.

3. 03

   The company said it committed up to $510.0 million of the $725.0 million delayed draw term loan for development of the North Fork Mono Casino & Resort, and increased its mezzanine loan investment in One Beverly Hills by $150.0 million, bringing its total commitment to $450.0 million.

4. 04

   The company gave an AFFO outlook for fiscal 2025 of $2,500 million to $2,520 million ($2.35 to $2.37 per diluted share), compared with its prior outlook of $2,470 million to $2,500 million ($2.33 to $2.36 per share).

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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