If you’re contemplating the vacant lot where the Tropicana Las Vegas used to stand, get used to it.
It’s likely to remain empty ground for years to come, thanks to the oversized ambitions of Bally’s Corp. and its chairman, Soo Kim. The man in charge has strapped his company with a raft of projects that could hamstring Bally’s for decades — or cripple it altogether.
This Monday, a symbolic groundbreaking was held for a nine-acre baseball stadium on part of the Tropicana site, where a Bally’s-branded resort is mooted for the rest of the 35-acre parcel. (The underlying land is owned by Gaming & Leisure Properties Inc., or GLPI.)
