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, with the deal set to finalize, Bally’s has publicly stated that they re considering many options for the property. Those include that the hotel and casino will “almost certainly” be rebranded, but it’s not out of the realm of possibility that the whole site is…
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