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Casino
April 5, 2024
Bally’s Prepares to Implode Tropicana by the End of the Year
As the demolition of the Tropicana casino hotel in Las Vegas draws near, Bally’s Corporation is trying to secure the necessary permits for imploding the property. Because of the procedure’s intricacies, the casino operator would need to secure dust control and asbestos abatement permits, among other permits. Traffic would also need to be taken into […]
Industry
October 30, 2023
Tropicana Las Vegas’ End Looms Ever Closer
The timeline of Oakland Athletics (A’s) planned move to Las Vegas will determine the exact date of the demolition, but the venue’s end now seems set in stone. The timing coincides with the expiration of the A’s lease on their current ballpark in Oakland. Construction on the new stadium needs to commence by April 2025 […]
Legal
October 12, 2023
Wristwatch Dealer Sues Tropicana and Uber for $1M Theft
A man who was allegedly brutally attacked and had his possessions worth $1 million stolen after attending the International Watch and Jewelry Guild expo filed a lawsuit earlier this week against the transportation giant, Uber, Tropicana Las Vegas, along with other defendants. The incident dates back to October 19, 2021, when Raimond Irimescu, a distributor […]
Casino
December 12, 2022
Bally’s and IUOE Seal Labor Neutrality Deal for Tropicana Las Vegas Employees
International casino and entertainment company offering online sports betting and iGaming solutions Bally’s Corporation has sealed a labor neutrality deal with the 10th largest union in the American Federation of Labor and Congress of Industrial Organizations (AFL–CIO), the International Union of Operating Engineers (IUOE). The latter counts around 400,000 active members spread across 123 local […]
Business
September 28, 2022
Bally’s Lands on the Strip, Completes Tropicana Deal
The global casino-entertainment company, Bally’s Corporation, announced Tuesday it completed the planned acquisition of the non-land-based assets of the Tropicana Las Vegas. Bally’s Corporation Completes Tropicana Takeover Bid To complete the takeover, Bally’s agreed to purchase the non-land-based assets of the Tropicana Las Vegas in a cash purchase of $148 million, payable to Penn Entertainment and Gaming & Leisure Properties Inc (GLPI). […]
Industry
November 30, 2020
Penn National Gaming Generates Strong $1.13 Billion Revenue
The company posted high third-quarter results, despite the ongoing social constraints and closures. Moving to cashless technologies in brick-and-mortar casinos, as well as the creation of a new growth channel are some of the highlights. The entertainment industry has been one of the most affected by Covid-19, which forced the shutdown of physical locations and […]
