Many of you already know that Bally’s Corporation agreed to purchase the Tropicana Las Vegas last April. The sale came to just over $300 million. That agreement was really for the land on the corner of Las Vegas Boulevard than it was the deteriorating hotel and casino. The non-land assets were another $150 million. Now, […]
Tag: Tropicana Las Vegas
Bally’s Corp Buys Tropicana Las Vegas
Bally’s Corporation has purchased the Tropicana Las Vegas for just over $300 million, giving them their first property on The Strip. The agreement will be finalized sometime early next year, pending regulatory approval. The deal finds Bally’s paying $150 million for the building and assets, then leasing the property from real estate investment trust Gaming […]
Tropicana Las Vegas Reopens Now
Among the very few remaining Sin City casinos closed has opened their doors! The Tropicana Las Vegas welcomes guests ago now, after they’d initially intended to reopen on September 1st. The date was pushed back because of concerns regarding market conditions, however they’re currently taking resort reservations at their lone vegas Strip property. Penn National […]