Gaming and Leisure Properties, Inc.

Greetings. Welcome to the Gaming and Leisure Properties second quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note, this conference is being recorded. I will now turn the conference over to your host, Joe Jafone. You may begin.

Thanks, Kyle, and good morning, everyone, and thank you for joining Gaming and Leisure Properties' second quarter 2022 earnings call and webcast. The press release distributed yesterday afternoon is available in the investor relations section on 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 risk and uncertainty 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 updating forward-looking statements in the future. We encourage listeners to review the more detailed discussions related to risk factors and forward-looking statements in contained in the company's filings with the SEC, including its 10Q and in the earnings release, as well as the definitions and reconciliations of non-GAAP financial measures contained in the company's earnings release. On this morning's call, we are joined by Peter Carlino, Chairman and Chief Executive Officer at Gaming and Leisure Properties. Also joining today's call are Desiree Burke, Senior Vice President, Chief Accounting Officer and Treasurer, Brandon Moore, Executive Vice President, General Counsel and Secretary, Steve Ladney, Senior Vice President, Chief Development Officer, and Matthew Demchek, Senior Vice President, Chief Investment Officer. With that, it's my pleasure to turn the call over to your host, Peter Carlino. Peter, please go ahead.

Thank you, Joe. And good morning to everyone who has dialed in with us today. Happy to report another excellent and impactful quarter. And I'll highlight, as I always do, that we have outlined all the activities that this quarter pretty thoroughly in our release. And rather than have me go through or read in detail all the stuff that's available there, I think if you look at the bottom of page one right through page four, you'll have a perfect idea of everything that we have accomplished this quarter. Notably, we announced a significant transaction with Bally's. that is in the range of or over a billion dollars, which combined with the Cordis transaction in the last eight months aggregates about $2.7 billion in new business and potentially as much as $3.1 billion, depending upon how the Bally's transaction shakes out. So it's been a pretty successful quarter for us, and I do want to highlight that. Again, lots of detail that we provided, and then we'll turn to your questions. I'm going to ask now Desiree Burke to highlight some financial points that I think will be of value. Des?