The top executive of the real estate investment trust that holds the land where the Tropicana sits isn’t saying what development plans may be ahead for the site of the 64-year-old, 1,470-room resort on one of the city’s busiest corners.
Peter Carlino, CEO of Pennsylvania-based Gaming and Leisure Properties Inc., told analysts on an earnings conference call Friday that his team is working with executives of Bally’s Corp., which is acquiring the Tropicana for $308 million in a deal announced in April, on long-term plans for the resort on 35 acres at Tropicana Avenue and the Strip.
Bally’s Corp. has affiliations with Major League Baseball, including broadcast rights for several teams, including the Oakland A’s through its partnership with the Sinclair Broadcasting Group.
