Rhode Island-based Bally’s Corp. has agreed to purchase the Tropicana resort-casino from landlord Gaming and Leisure Properties Inc., a transaction valued at $308 million.
Search results for:
Executives of these companies revealed that the future of the properties remains uncertain.
MGM Resorts International told employees Friday night that significant furloughs and layoffs will begin at properties effective next week and that 150 food and beverage outlets will be closed.
As more conventions postpone or outright cancel plans, visitation appears to be slumping.