| 词条 | Tropicana Entertainment |
| 释义 |
| name = Tropicana Entertainment Inc. | type = Public | traded_as = {{OTCQB|TPCA}} | predecessor = Tropicana Entertainment LLC Aztar Corporation Columbia Sussex | foundation = {{start date and age|2010|3|8}} | defunct = {{end date and age|2018|10|1}} | fate = Acquired by Eldorado Resorts and Gaming and Leisure Properties | location_city = Spring Valley, Nevada | location_country = United States | industry = Gaming | homepage = hide }} Tropicana Entertainment Inc. was a publicly traded gaming company that owned and operated casinos and resorts in Indiana, Louisiana, Mississippi, Nevada, Missouri, New Jersey, and Aruba. Tropicana properties collectively had approximately 5,500 rooms, 8,000 slot positions and 270 table games. The company was based in Spring Valley, Nevada, and was majority-owned by Icahn Enterprises. The company was acquired in 2018 by Eldorado Resorts and Gaming and Leisure Properties for $1.85 billion[1]. History{{details|topic=Tropicana Entertainment prior to 2010|Columbia Sussex#Casinos}}In January 2007, Columbia Sussex acquired Aztar Corporation, owner of the Tropicana casinos in Las Vegas and Atlantic City, and three other casinos, for $2.1 billion. A new subsidiary, Tropicana Entertainment LLC, was created to hold the combined company's casinos. After losing control of its largest property, the Tropicana Atlantic City, the new company was quickly forced into bankruptcy in May 2008. While in bankruptcy, the Tropicana Las Vegas was split off as a separate entity. The rest of the company emerged from bankruptcy on March 8, 2010 as Tropicana Entertainment Inc., under the leadership of investor Carl Icahn.[2] On the same day, it regained control of the Tropicana Atlantic City, which Icahn and other investors had bought for $200 million in canceled debt.[3] In approving the transfer, the Casino Control Commission stressed that Tropicana was a "different company" than the company that had lost its license in 2007.[4] In March 2011, Tropicana sold the Horizon Casino in Vicksburg to a partnership of Tangent Gaming and Great Southern Investment Group, who renamed it as the Grand Station Hotel and Casino.[5][6] In 2012, the company closed the Jubilee casino and consolidated its operations into the Lighthouse Point casino, which was expanded and rebranded as the Trop Casino Greenville.[7] In May 2013, Tropicana agreed to sell the River Palms for $7 million to M1 Gaming, owner of Boomtown Reno,[8] but the sale never went through. In July 2014, Tropicana instead agreed to sell the River Palms for $6.75 million to the owners of Dotty's.[9] In April 2014, Tropicana acquired Lumière Place, HoteLumière, and the Four Seasons Hotel St. Louis from Pinnacle Entertainment for $260 million.[10] The company assumed management of the Trump Taj Mahal in Atlantic City after Icahn Enterprises purchased the casino's parent company.[11] In April 2018, the company agreed to be acquired for $1.85 billion by Eldorado Resorts and Gaming and Leisure Properties (GLP). GLP would pay $1.21 billion to buy the land and buildings of Tropicana's casinos, while Eldorado would acquire Tropicana Entertainment for $640 million, and lease the casinos from GLP.[12][13] The parties later modified the deal so that the real estate of Lumière Place would be sold to Eldorado instead of to GLP.[14] The sale was completed on October 1, 2018.[15] The Tropicana Aruba was excluded from the deal and was separately sold to Icahn Enterprises.[14] CasinosThe properties owned by the company at the time of its acquisition were:
Previous casinos
References1. ^https://www.reuters.com/article/us-tropicana-entertainment-m-a-eldorado/carl-icahn-sells-tropicana-casinos-in-1-85-billion-deal-idUSKBN1HN1D4 2. ^{{cite news |title=Tropicana casinos exit bankruptcy under Icahn deal |first=Emily |last=Chasan|newspaper=Reuters|url=https://www.reuters.com/article/2010/03/09/us-tropicana-icahn-idUSTRE62802C20100309|date=8 March 2010|accessdate=17 March 2012}} 3. ^{{cite news|title=Atlantic City’s Tropicana sale to Carl Icahn done deal|newspaper=Las Vegas Sun |date=8 March 2010|agency=Associated Press|accessdate=18 March 2012|url=http://www.lasvegassun.com/news/2010/mar/08/tropicana-sale-expected-to-close-today/}} 4. ^{{cite news|title=Icahn-led group approved for Tropicana ownership|date=26 August 2009 |first=Donald |last=Wittkowski|newspaper=Press of Atlantic City |accessdate=18 March 2012 |url=http://www.pressofatlanticcity.com/news/top_three/article_7e84fc1a-9264-11de-8f72-001cc4c002e0.html}} 5. ^{{cite news|title=Tangent Gaming Announces Acquisition of Horizon Casino Hotel from Carl Icahn`s Tropicana Entertainment Inc.|author=Tangent Gaming|newspaper=Reuters|date=14 April 2011|url=https://www.reuters.com/article/2011/04/14/idUS223683+14-Apr-2011+BW20110414|accessdate=18 March 2012}} 6. ^{{cite news|title=New Casino Opens In Vicksburg|newspaper=WAPT 16|accessdate=18 March 2012|date=2 June 2011|url=http://www.wapt.com/r/28109010/detail.html}}{{Dead link|date=July 2018 |bot=InternetArchiveBot |fix-attempted=no }} 7. ^{{cite news|title=Fanfare planned for Trop opening|newspaper=Delta Democrat Times|location=Greenville, MS|first=Everett|last=Chinn|date=April 29, 2012|url=http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:DDTB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=13DE278579A37E40&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required|via=NewsBank}} 8. ^{{cite news|title=Boomtown owner to acquire Laughlin hotel-casino|newspaper=Reno Gazette-Journal|author=Bill O'Driscoll|date=May 1, 2013|url=http://www.rgj.com/article/20130501/BIZ04/130501017/Boomtown-owner-acquire-Laughlin-hotel-casino|accessdate=2013-05-01}} 9. ^{{cite news| title=Agreement struck to sell River Palms|newspaper=Laughlin Nevada Times|accessdate=2014-07-06|date=July 2, 2014|url=http://www.mohavedailynews.com/laughlin_times/agreement-struck-to-sell-river-palms/article_30e1e87a-0234-11e4-9d68-0019bb2963f4.html}} 10. ^{{cite press release|title=Tropicana Entertainment Inc. announces completed purchase of Lumiere Place Casino & hotels in St. Louis, Missouri|publisher=Tropicana Entertainment|date=April 1, 2014|url=http://www.prnewswire.com/news-releases/tropicana-entertainment-inc-announces-completed-purchase-of-lumiere-place-casino--hotels-in-st-louis-missouri-253413491.html|via=PR Newswire|accessdate=2015-02-10}} 11. ^{{cite report|title=Form 10-Q: Quarterly Report|publisher=Tropicana Entertainment|date=May 3, 2016|page=15|url=https://www.sec.gov/Archives/edgar/data/1476246/000147624616000022/a2016-03x3110q.htm|via=EDGAR}} 12. ^{{cite news|title=$1.85B deal merges Tropicana Entertainment, Eldorado Resorts|newspaper=Las Vegas Review-Journal|first=Richard N.|last=Velotta|date=April 16, 2018|url=https://www.reviewjournal.com/business/casinos-gaming/1-85b-deal-merges-tropicana-entertainment-eldorado-resorts/|accessdate=2018-04-23}} 13. ^{{cite press release|title=Icahn Enterprises L.P. announces definitive agreement to sell Tropicana Entertainment Inc. for $1.85 billion|publisher=Icahn Enterprises|date=April 16, 2018|url=https://globenewswire.com/news-release/2018/04/16/1471887/0/en/Icahn-Enterprises-L-P-Announces-Definitive-Agreement-to-Sell-Tropicana-Entertainment-Inc-for-1-85-Billion.html|via=GlobeNewswire|accessdate=2018-04-23}} 14. ^1 {{cite report|title=Form 8-K: Current Report|publisher=Tropicana Entertainment|date=October 1, 2018|page=2|url=https://www.sec.gov/Archives/edgar/data/1476246/000110465918059740/a18-34026_18k.htm|via=EDGAR}} 15. ^{{cite news|title=Tropicana sale to Eldorado Resorts complete|newspaper=Press of Atlantic City|author=David Danzis|date=October 2, 2018|url=https://www.pressofatlanticcity.com/business/tropicana-sale-to-eldorado-resorts-complete/article_d4bcc216-22f2-57c2-aa72-66b493694309.html|accessdate=2018-10-11}} 7 : Companies based in Spring Valley, Nevada|Gambling companies of the United States|Gambling companies disestablished in 2018|American companies disestablished in 2018|Hospitality companies of the United States|Companies that filed for Chapter 11 bankruptcy in 2008|2018 mergers and acquisitions |
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