Bally's finalizes purchase of Tropicana Las Vegas for $148 million
Bally's Corporation has completed a $148 million agreement to purchase the Tropicana in Las Vegas. The deal was signed in April 2021. Bally’s will lease the underlying property from GLPI for 50 years, paying $10.5 million per year. Tropicaana is located on the corner of Tropi Avenue and Las Las Vegas Boulevard. It has 1,470 rooms, a casino and space for conventions.
Bally's Corporation is a global casino entertainment company with a growing presence. It has 10,500 employees spread across offices around the world. Bally’s Corporation has a portfolio of digital sports betting and casino offerings.
