GMA quoted on CDC Gaming Reports

GMA quoted on CDC Gaming Reports

Having a ‘Las Vegas presence’ drove Bally’s interest in acquiring the Tropicana

by Howard Stutz

Bally’s Corp. CEO Soo Kim worried the market for casino acquisitions on the Las Vegas Strip was “tightening up” after Las Vegas Sands parted ways with Venetian, Palazzo, and Sands Expo for $6.25 billion, the unfinished Fontainebleau-Drew was sold to Koch Real Estate Investments, and Caesars Entertainment said it wouldn’t sell one of its properties until 2022.

The company took another look at Tropicana Las Vegas

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