{"id":207,"date":"2024-06-18T17:51:15","date_gmt":"2024-06-18T14:51:15","guid":{"rendered":"https:\/\/netbetcasinonodepositbonus.icu\/2024\/06\/18\/ballys-acquires-tropicana-las-vegas-in-historic-deal\/"},"modified":"2024-06-20T17:01:10","modified_gmt":"2024-06-20T14:01:10","slug":"ballys-acquires-tropicana-las-vegas-in-historic-deal","status":"publish","type":"post","link":"https:\/\/netbetcasinonodepositbonus.icu\/2024\/06\/18\/ballys-acquires-tropicana-las-vegas-in-historic-deal\/","title":{"rendered":"Ballys Acquires Tropicana Las Vegas in Historic Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/hCm9Fb5rhOs\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The legendary Tropicana Las Vegas welcomes a new proprietor! Gaming behemoth Bally&#8217;s has at last finalized its $148 million purchase of the resort&#8217;s &#8220;operational holdings&#8221; from Penn Entertainment and Gaming &#038; Leisure Properties (GLPI).  The transaction, initially unveiled in April 2021, had been traversing a protracted regulatory course, encompassing securing approval from the Nevada Gaming Control Board.<\/p>\n<p>This procurement is a rather significant move for Bally&#8217;s, granting them a sought-after location on the Las Vegas Strip. Intriguingly, a Bally&#8217;s hotel already graces Vegas, a vestige of the company&#8217;s prior existence as Bally Manufacturing.  Nevertheless, that establishment is presently held by Caesars Entertainment and is, in fact, undergoing a rebranding as Horseshoe Las Vegas.<\/p>\n<p>Regarding the Tropicana, Bally&#8217;s has not disclosed whether they will retain the moniker or embark on a transformation.  However, when the agreement was declared last year, George Papanier, then-President of Retail, alluded to a &#8220;substantial renovation of the property.&#8221; He underscored the significance of the Strip&#8217;s 40 million yearly patrons, perceiving it as a treasure trove for broadening Bally&#8217;s clientele. Papanier even envisioned the Tropicana evolving into their premier property in the western United States, a springboard for further ventures in the area. <\/p>\n<p>This expansive hotel, situated where the Strip intersects with Tropicana Avenue, offers a touch of the islands.  It features close to 1500 guest rooms, a seemingly endless casino floor, and ample conference facilities to accommodate a minor metropolis. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legendary Tropicana Las Vegas welcomes a new proprietor! Gaming behemoth Bally&#8217;s has at last finalized its $148 million purchase of the resort&#8217;s &#8220;operational holdings&#8221; from Penn Entertainment and Gaming &#038; Leisure Properties (GLPI). The transaction, initially unveiled in April 2021, had been traversing a protracted regulatory course, encompassing securing approval from the Nevada Gaming [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tropicana Las Vegas Sold? Bally<\/title>\n<meta name=\"description\" content=\"The rumors are true! Bally\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/netbetcasinonodepositbonus.icu\/2024\/06\/18\/ballys-acquires-tropicana-las-vegas-in-historic-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ballys Acquires Tropicana Las Vegas in Historic Deal\" \/>\n<meta property=\"og:description\" content=\"The rumors are true! 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