Tropicana Deal Uncertain
Things aren’t always as they seem in quick paced Las Vegas. Two weeks ago Pinnacle Corp, a Las Vegas development company, looked as though it had the purchase of the Tropicana all but done.
Now Pinnacle is having a hard time closing the deal with their offer being countered not once, but twice. And the news doesn’t get any better for the Las Vegas developers. Now there is a third casino company vying to buy the 1950’s casino that is located on prime Las Vegas real estate on the corner of the Strip and Tropicana.
Amidst all the drama, the Tropicana has opted to remain open and continue doing business as usual. Will the Pinnacle be able to land the deal that earns them their first Las Vegas presence, stay tuned.
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