Tropicana officially up for sale on Las Vegas Strip
Wednesday 29 de July 2020 / 04:07
⏱ 1 min read
(Las Vegas).- Tropicana Las Vegas is officially up for sale, the corporate owner confirmed Tuesday, less than four months after its most recent sale closed.
Las Vegas had a string of blockbuster casino deals the past few years as investors pumped billions into properties on or near the Strip.
Gaming & Leisure Properties Inc., or GLPI, bought the 35-acre Las Vegas Strip property back in April amid the statewide shutdown on gaming.
Previous owner Penn National Gaming received $307.5 million in rent credit and continues to operate the casino-hotel, which is scheduled to reopen on Sept. 1.
GLPI said when the first sale was announced that it would conduct a sale process for the Tropicana.
Under the agreement, Penn could receive a portion of the net profit if Tropicana is sold again within two years. No asking price has been listed for the property yet.
Categoría:Casino
Tags: Sin tags
País: United States
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