Latest Casino News

:

New Jersey Gambling News Brief

Tropicana Entertainment asks for casino back

Business Courier of Cincinnati,  Friday, October 24, 2008 at 10:39:21 AM

Tropicana Entertainment CEO Scott Butera told New Jersey regulators on Thursday that he believes his company should be allowed to regain control of the Tropicana casino in Atlantic City, N.J.

Crestview Hills-based Tropicana Entertainment, which filed Chapter 11 bankruptcy in May, was once part of Columbia Sussex Corp., a Northern Kentucky-based hotel operator. Tropicana Entertainment lost control of the Atlantic city casino last December after the New Jersey Casino Control Commission voted to not renew the casino's license and hired a trustee to sell the property.

According to Reuters, Tropicana Entertainment has now filed a petition with the commission, claiming it is better able to stop the casino's drop in gross operating profits and get a better sale price. Baltimore-based Cordish Co. is the leading bidder in a $700 million deal to buy the 14-acre casino and resort.

...read the source
Note: The links to older news stories hosted on other servers often no longer function. We apologize for any inconvenience.

...tabbed details about Tropicana Casino and Resort
...top detail page for Tropicana Casino and Resort

---

Our USCF Casino News is also available as a free-subscription News Feed.

---

US Casino Finder Directory

Register now to receive valuable promo codes, casino updates and news alerts


Casinos with Social Networking

QuikList by City:
Atlantic City Casinos
Biloxi Casinos
Black Hawk Casinos
Cripple Creek Casinos
Deadwood Casinos
Las Vegas Casinos
Laughlin Casinos
Reno Casinos

QuikList by Type:
US Hotel Casinos
US Casinos
US Card Rooms
US Indian Casinos
US Horse Race Tracks
US Greyhound Race Tracks
US Racinos
US Casino Cruises
US Bingo Halls
US Casino Party Planners
US Dealer Schools


 

---

HTML code to add a direct link to this page to your website

site map