Cordish will immediately lease back all the properties and continue to own and oversee all gaming operations at the facilities. is purchasing the real estate assets associated with Live! Casino & Hotel Maryland, Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh, including applicable long-term leases. Wyomissing-based Gaming and Leisure Properties Inc. for $1.81 billion, including the newly built casino and hotel in South Philadelphia, reports the Philadelphia Business Journal. is acquiring three Live! Casino properties from Baltimore-based The Cordish Cos.
