{"id":135,"date":"2024-06-15T15:55:52","date_gmt":"2024-06-15T12:55:52","guid":{"rendered":"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/"},"modified":"2024-06-20T17:10:36","modified_gmt":"2024-06-20T14:10:36","slug":"ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal","status":"publish","type":"post","link":"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/","title":{"rendered":"Bally&#8217;s Acquires Tropicana in Landmark Las Vegas Strip Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/mc2az4mtQ3o\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Las Vegas Strip welcomes a new proprietor for the Tropicana!  Bally&#8217;s Corporation has at last finalized its $148 million acquisition of the renowned property.  The deal, initially revealed in 2021, sees Bally&#8217;s securing the &#8220;operational assets&#8221; from Penn Entertainment and Gaming &#038; Leisure Properties (GLPI). <\/p>\n<p>The path to completion involved navigating various hurdles, including obtaining approval from Nevada gaming authorities.  Under the agreement, Bally&#8217;s will lease the land beneath the hotel from GLPI for an annual sum of $10.5 million over the next five decades. This strategic move grants Bally&#8217;s a coveted spot on the famed Las Vegas Strip.<\/p>\n<p>Curiously, a Bally&#8217;s hotel already exists in Vegas, a vestige of the company&#8217;s past life as Bally Manufacturing.  That particular establishment is now under the ownership of Caesars Entertainment and is undergoing a transformation to become Horseshoe Las Vegas.<\/p>\n<p>Regarding the Tropicana&#8217;s future, Bally&#8217;s remains tight-lipped on whether they will retain the name or embark on a rebranding effort.  However, during the deal&#8217;s announcement last year, George Papanier, Bally&#8217;s president of retail, alluded to the possibility of &#8220;potential significant redevelopment&#8221; in the future. <\/p>\n<p>He underscored the significance of the Strip&#8217;s 40 million yearly visitors, positioning the acquisition as a prime chance to broaden Bally&#8217;s clientele. The Tropicana, he stated, will serve as their &#8220;flagship property&#8221; in the western U.S., bolstering their current footprint in the area. <\/p>\n<p>In the center of the action, where the Strip intersects with Tropicana Avenue, sits a sprawling 35-acre property.  This resort offers a taste of the islands with more than 1,400 guest rooms, an expansive gaming area, and ample conference facilities suitable for nearly any large gathering. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Las Vegas Strip welcomes a new proprietor for the Tropicana! Bally&#8217;s Corporation has at&#8230;<\/p>\n","protected":false},"author":64,"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>Bally<\/title>\n<meta name=\"description\" content=\"The iconic Tropicana Las Vegas has been acquired by 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:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bally&#039;s Acquires Tropicana in Landmark Las Vegas Strip Deal\" \/>\n<meta property=\"og:description\" content=\"The iconic Tropicana Las Vegas has been acquired by Bally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Go-To Destination for Licensed Casino Games &amp; Latest News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T12:55:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:10:36+00:00\" \/>\n<meta name=\"author\" content=\"Sarah &quot;Saffron&quot; Hawkins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sarah &quot;Saffron&quot; Hawkins\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/\",\"url\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/\",\"name\":\"Bally\",\"isPartOf\":{\"@id\":\"https:\/\/winportnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-15T12:55:52+00:00\",\"dateModified\":\"2024-06-20T14:10:36+00:00\",\"author\":{\"@id\":\"https:\/\/winportnodepositbonus.icu\/#\/schema\/person\/32d63841977ca95a82961a194b548d80\"},\"description\":\"The iconic Tropicana Las Vegas has been acquired by Bally\",\"breadcrumb\":{\"@id\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/15\/ballys-acquires-tropicana-in-landmark-las-vegas-strip-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/winportnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bally&#8217;s Acquires Tropicana in Landmark Las Vegas Strip Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/winportnodepositbonus.icu\/#website\",\"url\":\"https:\/\/winportnodepositbonus.icu\/\",\"name\":\"Your Go-To Destination for Licensed Casino Games &amp; Latest News\",\"description\":\"Unleash your gambling potential through our up-to-date news, comprehensive reviews, and expert articles. 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