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New Jersey Gambling News Brief

NJ says Tropicana casino attracts multiple bidders

Reuters,  Tuesday, March 18, 2008 at 9:47:25 PM

New Jersey's Casino Control Commission received "multiple expressions of interest" from possible buyers of the Tropicana Hotel Casino in Atlantic City, the conservator handling the sale said on Tuesday. "We are very pleased with the level of interest that has been expressed by potential buyers, notwithstanding the uncertainties in the financial markets," the conservator, former New Jersey Supreme Court Justice Gary Stein, said in a statement. Interested parties had until Monday to respond to an offering memorandum for the casino and its hotel - the largest in New Jersey.

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