{"id":115,"date":"2024-06-15T01:11:22","date_gmt":"2024-06-14T22:11:22","guid":{"rendered":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/ballys-takes-the-strip-acquires-tropicana-hotel-in-landmark-deal\/"},"modified":"2024-06-17T12:57:56","modified_gmt":"2024-06-17T09:57:56","slug":"ballys-takes-the-strip-acquires-tropicana-hotel-in-landmark-deal","status":"publish","type":"post","link":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/ballys-takes-the-strip-acquires-tropicana-hotel-in-landmark-deal\/","title":{"rendered":"Ballys Takes the Strip  Acquires Tropicana Hotel in Landmark Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/SX5g80xT96M\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The gaming behemoth, Bally&#8217;s, has finally secured its spot on the illustrious Las Vegas Strip!  They&#8217;ve acquired the legendary Tropicana Hotel for a hefty $148 million, taking control from Penn Entertainment and Gaming &#038; Leisure Properties.<\/p>\n<p>This agreement, in the works since its initial unveiling in 2021, grants Bally&#8217;s a coveted piece of Sin City property. Their lease agreement is a steal \u2013 a mere $10.5 million annually \u2013 but the true victory lies in the distinction of having a foothold on the globally renowned Strip.<\/p>\n<p>Curiously, a Bally&#8217;s already exists in Vegas, a vestige of the company&#8217;s former iteration as Bally Manufacturing. However, that&#8217;s ancient history \u2013 Caesars Entertainment now holds ownership and is transforming it into Horseshoe Las Vegas.<\/p>\n<p>Regarding the Tropicana, Bally&#8217;s is remaining tight-lipped about its intentions. Will they retain the existing name or opt for a complete rebranding? What is certain is their commitment to a substantial overhaul, aiming to elevate this diamond in the rough into a shining gem.<\/p>\n<p>With an astounding 40 million annual visitors to the Strip, Bally&#8217;s is wagering heavily on the Tropicana to become their western flagship and attract a fresh wave of patrons. <\/p>\n<p>This expansive, 35-acre tropical oasis situated directly on the Strip, at the intersection of Las Vegas Boulevard and Tropical Avenue, features almost 1,500 accommodations and a colossal gaming floor that could easily consume days of exploration.  Should your visit be business-oriented, rest assured, they offer in excess of 100,000 square feet designated for meetings. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gaming behemoth, Bally&#8217;s, has finally secured its spot on the illustrious Las Vegas Strip! They&#8217;ve acquired the legendary Tropicana Hotel for a hefty $148 million, taking control from Penn&hellip;<\/p>\n","protected":false},"author":27,"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 gaming world is buzzing! 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