Benzinga | Apr 13, 2021 07:02AM EDT

Bally's To Acquire Tropicana Las Vegas Hotel And Casino For ~$308M

Bally's Corporation (NYSE:BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has agreed to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties, Inc. ("GLPI"), a publicly traded gaming focused real estate investment trust ("REIT"). Bally's estimates the transaction to be valued at approximately $308 million.