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<?xml version="1.0" encoding="windows-1252"?> |
<ownershipDocument> |
| <schemaVersion> X0206 </schemaVersion> |
| <documentType> 3 </documentType> |
| <periodOfReport> 2013-10-09 </periodOfReport> |
| <noSecuritiesOwned> 0 </noSecuritiesOwned> |
| <issuer> |
| | <issuerCik> 0001575965 </issuerCik> |
| | <issuerName> Gaming & Leisure Properties, Inc. </issuerName> |
| | <issuerTradingSymbol> GLPI </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0000921738 </rptOwnerCik> |
| | | <rptOwnerName> PENN NATIONAL GAMING INC </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> 825 BERKSHIRE BLVD, SUITE 200 </rptOwnerStreet1> |
| | | <rptOwnerStreet2></rptOwnerStreet2> |
| | | <rptOwnerCity> WYOMISSING </rptOwnerCity> |
| | | <rptOwnerState> PA </rptOwnerState> |
| | | <rptOwnerZipCode> 19610 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription></rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
| | <reportingOwnerRelationship> |
| | | <isDirector> 0 </isDirector> |
| | | <isOfficer> 0 </isOfficer> |
| | | <isTenPercentOwner> 1 </isTenPercentOwner> |
| | | <isOther> 0 </isOther> |
| | | <officerTitle></officerTitle> |
| | | <otherText></otherText> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
| <nonDerivativeTable> |
| | <nonDerivativeHolding> |
| | | <securityTitle> |
| <value> Common Stock, par value $0.01 </value> |
| </securityTitle> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 1000 </value> |
| <footnoteId id="F1"/> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> I </value> |
| </directOrIndirectOwnership> |
| <natureOfOwnership> |
| <value> Through a wholly-owned subsidiary </value> |
| </natureOfOwnership> |
| </ownershipNature> |
| | | </nonDerivativeHolding> |
| | </nonDerivativeTable> |
| <derivativeTable></derivativeTable> |
| <footnotes> |
| | <footnote id="F1"> Penn National Gaming, Inc. owns 100% of the outstanding common stock of Gaming and Leisure Properties, Inc. through CRC Holdings, Inc., its wholly-owned subsidiary. </footnote> |
| | </footnotes> |
| <ownerSignature> |
| | <signatureName> /Robert S. Ippolito/ VP/Sec/Treasurer </signatureName> |
| | <signatureDate> 2013-10-09 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |