Friday, June 9, 2023

Tag: tropicana

Bally’s to acquire Tropicana Las Vegas from GLPI

Tropicana Las Vegas Bally's
Bally’s chairman Soo Kim affirmed that it was “very important for a casino operator with national ambitions to have a Las Vegas presence on the Strip”, while the firm’s president and CEO George Papanier said the deal will enhance the company’s customer base and player database

Penn National finalises sale of Tropicana Las Vegas

Penn National completes sale of Tropicana Las vegas
Penn National has sold the Tropicana Las Vegas to Gaming and Leisure Properties for $307.5m in rent credits. The Pennsylvania-based real estate..

Eldorado secures Tropicana portfolio

Eldorado Resorts has announced it will purchase seven of Tropicana Entertainment’s nine casinos for $1.85bn in a partnership with Gaming and Leisure Properties Inc. The agreement, which excludes Tropicana’s MontBleu and Aruba casinos, will see the six state portfolio acquired through a majority investment of $1.21bn from Gaming and Leisure. The company will then lease the properties exclusively to Eldorado in...