The Oakland Athletics’ application to relocate to Las Vegas is being processed on schedule, a source told the Review-Journal Thursday.
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Bill Hornbuckle, chairman and CEO of MGM Resorts, said the company plans to build better connectivity with the A’s planned stadium on the Strip.
During the company’s second-quarter earnings call, Gaming & Leisure Properties Inc. CEO Peter Carlino provided an update on the rapid development pace of proposed Oakland A’s stadium.
The redevelopment of the Tropicana property is long overdue, said Bally’s Corp. chairman Soo Kim. The company is eager to get that underway as soon as possible.
Once among the most upscale properties on the Strip, a gilded treasure box of showgirls and celebrities, a destination spot in a destination city, the Trop courts a different clientele these days.
The A’s are seeking up to $380 million in public money to go toward the construction of a $1.5 billion, 30,000-seat ballpark on the Tropicana site.
The demolition of the Tropicana hotel on the Strip would delay the completion of the A’s ballpark.
Employees at the Tropicana received mixed messages about when the property may temporarily close as the Oakland Athletics’ Las Vegas ballpark plan continues to take shape.
The owners of the Tropicana want to see a $1.5 billion, 30,000-seat ballpark built on their site.
Plans call for the Tropicana to be demolished, with the A’s set to build a partially retractable roof ballpark on nine of the 35 acres of the south Strip site.