Has Anyone heard anything more about the end of the Tropicana Las Vegas??? It's a topic that is pretty tight lipped.... All I keep hearing is its not talking any more reservations past april or may.. something like that...
Air play (The free Lobby stage show)is Closed... The death watch list is sure keeping close tabs on this subject.... If anybody knows anything.... please post a reply...

New look in the works for the Tropicana
Feb 23, 2006

Most recent story here.


New look in the works for the Tropicana
Feb 23, 2006

This is a quote from VegasTravel News
TK
http://lasvegasnews.blogspot.com/200...2433231 86227


Wednesday, February 15, 2006
"Latest on the Trop

........"owner of the Trop (Aztar) said today that they "have not made a final decision" on the status of the Trop in Las Vegas, as of today."
..........."still in the process of developing information/cost estimates on a PROPOSED new "mid-market" casino on the North property parcel, but would not answer questions beyond info given on todays conf call. ......."planned info like number of rooms: 2725, size of casino: 100,000 sq ft, retail & dining: 200,000 sq ft, parking garage: 3800 cars." ........" it would not be a super luxury property like Wynn or Eshelon."
........"no new information and no official annoucment on the closing of the existing Trop property....."asked about the April 15th date, .........the answer given in the past: "we may or may not extend the date until which we will accept reservations at Trop Las Vegas".


Michael Steinberg
Editor

more here.......

Aging Tropicana Could Get $1.2 Billion Overhaul
http://www.klastv.com/Global/story.asp?S=4513857



Casino City Times
Tropicana plans $25M. makeover for 2006
As reported by Press of Atlantic City

LAS VEGAS, Nevada - Tropicana Casino and Resort will complete a $25 million facelift this year and spruce up the property again in 2007 to complement its cash cow, The Quarter.

Improvements this year will include refurbished hotel rooms in the North Tower, 800 new slot machines and new decor on the South casino floor to match the Cuban-themed retail and entertainment attractions in the mall-like Quarter.

For 2007, Tropicana will give the hotel rooms in the South Tower a makeover and refurbish the North casino floor, including the main table-games area, parent company Aztar Corp. announced Wednesday.

The improvements will help continue the momentum generated by The Quarter, a $280 million hotel, retail and dining complex that has boosted Tropicana's casino operations since its November 2004 grand opening, company officials said.

The Quarter's spinoff effect helped drive up Tropicana's casino revenue by 24 percent overall in the fourth quarter, including a 31 percent increase in slot winnings.

Gross operating revenue, also known as cash flow, tripled in the quarter to $25.4 million, Aztar reported during a conference call.

Aztar's combined revenue rose 19 percent to $222.8 million for its casinos in Atlantic City, Las Vegas, Laughlin, Nev., Caruthersville, Mo., and Evansville, Ind. Net income for the quarter climbed to $11.2 million, or 29 cents a share, from $2.3 million, or 5 cents a share, a year earlier.

�All of our properties posted solid results during the fourth quarter, but we are particularly pleased by the performance of Tropicana Atlantic City,� said Robert M. Haddock, Aztar's chairman and chief executive officer.

Haddock noted that Tropicana is off to a strong start in 2006, raking in a 21 percent increase in slot revenue for January. However, Tropicana's table-games win was up a modest 4 percent for the month.

Reflecting The Quarter's drawing power, the number of visitors to Tropicana jumped more than 50 percent in 2005. Revenue increased by $100 million for the year, up 27 percent, said Gary Simpson, Aztar's senior vice president of finance and development.

Simpson, though, added that The Quarter has not yet lived up to the overall financial goals set by Aztar and is expected to take three years before it is running on all cylinders.
��We have consistently discussed a three-year ramp up period to reap the full benefits of the expansion project,� he said. �At this point, we are still in the process of developing a relationship with our new customers, who are critical to our long-term success. We are taking nothing for granted.�

new update...

read on another vegas site.

http://www.vegastripping.com/news/news.php?news_id=1189

Pinnacle Gaming Buys Tropicana Owners Aztar for 1.5B
Pinnacle Entertainment Inc., which operates casinos in smaller markets, on Monday said it would buy Tropicana-owner Aztar Corp. for about $1.45 billion in cash, extending its reach into the prime markets of Las Vegas and Atlantic City.

http://www.vegastripping.com/news/news.php?news_id=1188

I am so sorry that they have decided to take the Trop down! Another landmark will be rubble in no time. Luckily, I have my shot glasses and player's card to remember it by. I have been back recently to take more pictures of it before it goes bye-bye. I never got a chance to stay at the Trop, but I did enjoy the Comedy Stop a few times as they permitted smoking at the late show. I also enjoyed the good food at the upscale restaurants (good people, great service, decent prices).
I was looking thru a few discount travel sites and they still show reservations being taken as far as Oct., so I have no idea what is up or when they plan to close. The last I heard was it was going to close probably early 2007, but I could be very wrong, indeed.
I would like to experience a Strip view suite before they close. Does anyone have any ideas on cost or if they were ever available to non-high rollers?

Do I hear a $50 dollar bid????? (per share)... Anyone... Anyone.....
Wow.... This Bidding war just goes to show you this property a PRIME Location"

for more info: http://www.vegastripping.com/news/news.php?news_id=1256

or: http://www.marketwatch.com/News/Stor...&siteid=google

Tropicana is still open, so I guess they've solved their problems, for now.