Gaming and Leisure Properties, Inc.

Greetings and welcome to the Gaming and Leisure Properties, Inc. Second Quarter 2025 earnings conference call and webcast. 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, please press star zero on your telephone keypad. It is now my pleasure to introduce your host, Joe Jafani, Investor Relations. Thank you. You may begin.

Thank you, Shamali, and good morning, everyone, and thank you for joining Gaming and Leisure Properties' second quarter 2025 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 risks 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 update any forward-looking statements in the future. We encourage listeners to review the more detailed discussions related to risk factors and forward-looking statements contained in the company's filings with the SEC, including its Form 10-Q 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 Leisure Properties. Also joining today's call are Brandon Moore, President and Chief Operating Officer, Desiree Burke, Chief Financial Officer and Treasurer, and Steve Ladney, Senior Vice President, Chief Development Officer. With that, it's my pleasure to turn the call over to Peter Carlino. Peter, please go ahead.

Well, thank you, Joe, and good morning, everyone. We're pleased to announce another good quarter where most everything that we're working on has been moving according to plan. I promised you last quarter that we would achieve and should achieve a very strong year in calendar year 25. That's still the case. Timing, unfortunately, doesn't always align with our four quarterly calls. So stay tuned. We still stand by that. In the meantime, in this seemingly quiet quarter, we achieved a record year-over-year revenue, AFO, adjusted EBITDA. And so lots of good stuff happening, which we're excited to report as this year unfolds. With that, I'm going to quickly move to Desiree Burke. And, Desiree, please go ahead.