Industry
April 14, 2021
Bally’s Corp. Stays in Acquisition Mode as it eyes the Tropicana Las Vegas
Executives and legal personnel at Bally’s Corp. are staying busy. The gaming company is in full acquisition mode this year, tackling the industry from various angles. It is getting more involved in sports gambling through its tie-up with Sinclair Broadcast Group but hasn’t forgotten its casino roots, either. Bally’s just wrapped up the acquisition of […]
Business
October 29, 2020
GLPI and Twin River Acquire Caesars’s Tropicana Evansville For $480 Million
Caesars Entertainment announced on Tuesday it will sell the Tropicana Evansville casino in Indiana to real estate investment trust Gaming and Leisure Properties (GLPI) and gaming company Twin River Worldwide Holdings for a package deal of $480 million. GLPI Will Lease the Casino to Twin Rivers Twin River will buy the casino operations for $140 […]
Casino
September 28, 2020
More Women Are Running Atlantic City’s Casinos
Currently, four women are a part of the management teams of casinos in Atlantic City. According to Jacqueline Grace, the new SVP and General Manager of Tropicana, her promotion is the result of many accomplished achievements and years of experience in the industry. Tropicana Atlantic City’s New SVP and General Manager Jacqueline Grace Jacqueline Grace, […]
Casino
April 22, 2020
GLPI Acquires Tropicana, Leases Casino Operations to Penn
Gaming and Leisure Properties /GLPI/ has acquired ownership of Tropicana Las Vegas Casino Hotel Resort, after its owner, Penn Gaming National, decided to sell the property to its principal landlord. The Las Vegas Strip property was sold for $307.5 million, around $52 million less than what Penn paid for it 5 years ago, obviously a […]