Las Vegas Strip Loses One Legendary Casino, Keeps Another (for Now)
Caesars Entertainment took the Bally's name off one of its Las Vegas Strip properties. Baly's Corp. agreed to buy Tropicana's gaming assets from GLPI. Caesar's rebranded the hotel from Bly's to Horseshoe. Bary's has cleared the final hurdle when it comes to taking over Tropicaana.
Bally's will take over the operations of Tropicana. The biggest change will be changing the signage to reflect the Bally’s Rewards loyalty program instead of Penn”s mychoice program. Baly s president George Papanier wants to use Tropicaana as its western flagship property.
Bally's is interested in building a baseball stadium for the Oakland A's at the Tropicana site. The A’s have also had discussions with Circus Circus owner Phil Ruffin, who owns a 37-acre parcel adjacent to his resort casino. If the A'ts find a site in Las Vegas, they plan to build a 30,000-seat stadium with a retractable roof.