It purchased the Tropicana’s “non-land assets” for $148 million in cash from landlord Gaming and Leisure Properties Inc., and it will lease the land underneath the resort for $10.5 million per year from the same company.īREAKING NEWS! We have officially joined the family. announced Tuesday that it completed its acquisition of the Strip hotel-casino. (Bizuayehu Tesfaye/Las Vegas Review-Journal) Las Vegas is officially under new ownership.īally’s Corp.
The Tropicana hotel-casino is seen on Wednesday, Sept.
