Bally’s Buyout Impact on Vegas Baseball Stadium

Bally Corporation, who purchased the Tropicana and agreed to provide land for the new Las Vegas baseball stadium, has agreed to a $4.6 billion buyout offer from their largest shareholder, Standard General. This massive move has some people asking if the change in leadership will have an impact on the deal already in place. A fair question. First, the buyout deal does include the recently closed Tropicana Las Vegas, which officially shut its doors on April 2nd. And while any future plans for a new resort remain clouded, the plans are in place to demolish the existing structures in an... The post Bally’s Buyout Impact on Vegas Baseball Stadium appeared first on This Week in Gambling.

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Jul 29, 2024 - 17:00
Bally’s Buyout Impact on Vegas Baseball Stadium

Bally Corporation, who purchased the Tropicana and agreed to provide land for the new Las Vegas baseball stadium, has agreed to a $4.6 billion buyout offer from their largest shareholder, Standard General. This massive move has some people asking if the change in leadership will have an impact on the deal already in place. A fair question. First, the buyout deal does include the recently closed Tropicana Las Vegas, which officially shut its doors on April 2nd. And while any future plans for a new resort remain clouded, the plans are in place to demolish the existing structures in an...

The post Bally’s Buyout Impact on Vegas Baseball Stadium appeared first on This Week in Gambling.