New York-listed Bally's Corporation has set its sights on the Las Vegas Strip with a $308m deal to acquire Tropicana Las Vegas.
The acquisition represents the company’s first Las Vegas asset and second in Nevada following its recently closed acquisition of the MontBleu Resort Casino & Spa.
Bally’s will purchase Tropicana Las Vegas from Gaming and Leisure Properties (GLPI) in a transaction valued at $308m, with the purchase price for the property's non-land assets amounting to $150m.
GLPI [...]
