1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Penn National Selling Tropicana, Will Continue to Operate Themselves

Discussion in 'Casino Industry & Development' started by Sonya, Mar 27, 2020.

  1. Sonya

    Sonya Queen of VMB

    Joined:
    Nov 28, 1999
    Messages:
    35,153
    Location:
    Western Washington
    Trips to Las Vegas:
    24
    https://www.businesswire.com/news/home/20200327005526/en/

     
    • Informative Informative x 5
  2. steveks225

    steveks225 Low-Roller

    Joined:
    Aug 30, 2015
    Messages:
    229
    Location:
    St. Louis, MO
    Trips to Las Vegas:
    82
    They should have never bought the Tropicana in the first place, but it was done with the mistaken intention for Penn National to have a strip hotel property to try to lure Marquee Rewards players. As I recall the hotel was run by Hilton. and at that intersection, the Tropicana was easily the least desirable property. For a few years I had an Executive Producer card in the Marquee Rewards program, and received all sorts of offers from the Tropicana, but there are at least twenty other properties I'd consider staying, including paying some nominal amount before I'd choose the Tropicana. I tried playing at the M Resort, also owned by Penn National attempting to get offers, but they primarily cater to drive ups from southern California. Plus the Tropicana has around 1500 rooms, whereas the M Resort has about 400.
     
  3. dmr

    dmr Registered Abuser

    Joined:
    Feb 18, 2011
    Messages:
    14,216
    Location:
    Somewhere in Middle America
    Trips to Las Vegas:
    70
    Uh??? Tropicana least desirable?

    Free parking on the Strip!
    Great selection of low-limit machines!
    Good "Old Vegas" vibe!

    [​IMG]
     
    • Agree Agree x 6
    • Like Like x 2
  4. mjames1229

    mjames1229 # of visits includes only trips w/ hotel stays

    Joined:
    Mar 5, 2011
    Messages:
    2,675
    Location:
    Milwaukee, WI
    Trips to Las Vegas:
    29
    Yeah, when some people know they're right....
     
    Super Bowl / Poker Trip Combo Platter
    Bowling the USBC National tournament, I hope.
  5. Guy_

    Guy_ VIP Whale

    Joined:
    Jun 25, 2014
    Messages:
    1,119
    Location:
    Ontario Canada
    Trips to Las Vegas:
    27
    Someone said it best. but I cant remember where.
    When they renovated the casino it felt more like a Dr.s office then a casino.
    I have roamed in a few times to play table games during the day and very few tables were open and even less types of game options available. I normally play High Card Flush and Let it ride. It was hard to find an open Blackjack table never mind the carnival games I like.

    Not sure much will change with this sale tho.
     
  6. Don the Dentist

    Don the Dentist LV resident

    Joined:
    Sep 19, 2010
    Messages:
    820
    Location:
    Las Vegas
    Trips to Las Vegas:
    999
    Trop has/had some of the worst VP on the strip.
    The walk from free parking to the casino almost as bad as the MGM.
     
    • Agree Agree x 1
  7. EastCoastVegasFan!

    EastCoastVegasFan! VIP Whale

    Joined:
    Sep 19, 2012
    Messages:
    2,673
    Location:
    East Coast
    Trips to Las Vegas:
    24
    I stayed there once and thought it was awesome and underrated. I will lose the comp there, as there is a Hollywood casino near me that is tied to Penn National.
     
    August 20th - August 23rd
    December 30th - January 3rd - NYE!
  8. SH0CK

    SH0CK Stylin' and Profilin' Quasi Tech Admin

    Joined:
    Nov 2, 2001
    Messages:
    18,628
    Location:
    Tennessee
    Trips to Las Vegas:
    46
    They still will be running the Tropicana. This a sell/lease back deal to their REI company.
     
    • Agree Agree x 4
  9. ronc

    ronc VIP Whale

    Joined:
    Dec 17, 2009
    Messages:
    1,902
    Location:
    Houston, TX
    Trips to Las Vegas:
    10
    We have stayed at Tropicana three times. Their rooms are nice, but not lavish. The pool is very nice. I don't like the bright white feel of the casino.

    I would say the other three hotels on that corner have rooms that can be worse than the ones (some have more bad ones than others) at Tropicana, based on reports.

    I think our play would generate different decent comps there based on past experience, but my wife's current love of the Aria keeps us with MLife for the near future.
     
  10. breanna61

    breanna61 Super Moderator

    Joined:
    Aug 6, 2008
    Messages:
    11,044
    Location:
    Ontario, Canada
    Trips to Las Vegas:
    115
    The poolside suites are awesome. Soon after the renovation, pre Penn, Trop seemed to be starting down the right path. They had really good dining options, live entertainment in the lounge, several shows, comp friendly but it has slowly been chipped away until there’s nothing there to lure me.
     
    • Like Like x 2
  11. Ten_On_The_End

    Ten_On_The_End High-Roller

    Joined:
    May 15, 2018
    Messages:
    604
    Location:
    Geauga County, OH
    Trips to Las Vegas:
    158
    I'll have to make it to the Tropicana next trip. Probably been 10 years since I set foot inside. I do remember the stench walking through the now demolished "garden rooms" building to get to San Remo.
     
  12. EastCoastVegasFan!

    EastCoastVegasFan! VIP Whale

    Joined:
    Sep 19, 2012
    Messages:
    2,673
    Location:
    East Coast
    Trips to Las Vegas:
    24
    I’m saying, Penn National runs my local casino. So, I will lose that benefit that Penn National gives in Vegas
     
    August 20th - August 23rd
    December 30th - January 3rd - NYE!
  13. ngrund

    ngrund Low-Roller

    Joined:
    Jun 12, 2012
    Messages:
    484
    Location:
    Huntington Station, NY
    Trips to Las Vegas:
    25
    Penn is still running the casino, they just sold the building to their REIT
     
  14. gr8whitenorth

    gr8whitenorth High-Roller

    Joined:
    Jul 6, 2018
    Messages:
    991
    Location:
    Ontario
    Trips to Las Vegas:
    4
    Just a move to a REIT which is the way of 2020 it seems. Have to admit we dropped in twice to the Trop over the years and both times we left without spending a dime. Just can't get into the vibe there.
     
    • Agree Agree x 2
  15. Bo333

    Bo333 VIP Whale

    Joined:
    Aug 20, 2010
    Messages:
    1,641
    Location:
    Austin, TX
    Trips to Las Vegas:
    98
    I have to agree with everyone about the 'vibe'. I play there all the time because it's close to the MGM and their craps tables are empty a lot of the time (which I like).
    But I never feel comfortable there....and have never been able to place my finger on why. Guy mentioned it felt like a Drs office. Never thought of it that way, but maybe that is it!
    I think all that white is just wrong!
     
  16. waverunner

    waverunner ------VEGA$------

    Joined:
    Jul 27, 2012
    Messages:
    2,788
    Location:
    SoCal
    Trips to Las Vegas:
    124
    I never felt comfortable at the TROP. The only time i actually stayed there was just after MGM became heavily themed as it was just across the street. I got a cheap room (Garden Room) on Tropicana Blvd for that sole purpose. I did gamble a bit in the 80's on my way to the Hacienda. But when i was mainly on the South Strip in the 90's, i avoided the Trop and gambled at MGM, NYNY, and based my home at Monte Carlo.
    In fact, i stayed at Sam Remo rather than going back to the Trop.
    The Tropicana was once a great Hotel/Casino, so i heard, in the 60's. IMO, the best part of Tropicana was and still is the great photo op of the South Strip outside below the escalators looking at Excalibur/Luxor, MGM, and NYNY. A panoramic view of the 3 corners.
     
  17. azbob

    azbob Low-Roller

    Joined:
    Mar 6, 2013
    Messages:
    360
    Location:
    Las Vegas
    Trips to Las Vegas:
    220
    My wife and I were both also exec producers. Got a few offers at Tropicana and tried it a few times, but the selection of VP is terrible in terms of the number of machines and pay tables. Rooms are nice, but not much going on there at all that would make me want to return. They have essentially one large bar, fitness center is terrible and the staff are not very friendly either. Not a fan of Penn National anyway as they have made a lot of bad decisions at the M.
     
    • Agree Agree x 1
  18. Jameezy

    Jameezy RIP Riviera

    Joined:
    Jul 6, 2012
    Messages:
    725
    Location:
    San Diego, California
    Trips to Las Vegas:
    40
    Personally I love the Trop. I do think it’s the weak link of that intersection right now though.
     
    • Agree Agree x 1
  19. buckeyeguy

    buckeyeguy Tourist

    Joined:
    Aug 26, 2014
    Messages:
    29
    Location:
    columbus, ohio
    Trips to Las Vegas:
    30
    I have stayed at the Trop a few times in recent years and enjoyed it. I do agree with the vibe, and also not a great selection on table games. The pool is great, and love the swim up BJ. I also have a Hollywood local too me so makes for some great offers at the Trop.
     
  20. Vegas Todd

    Vegas Todd MIA

    Joined:
    Jul 23, 2019
    Messages:
    458
    Location:
    Northeast Illinois
    Trips to Las Vegas:
    17
    To me, the biggest problem with the Tropicana is they lost their theme. As someone who spent a week, and was married there ,(6-27-1995) I will always remember the ''tropical'' feel of the place. They had the fountains, the singing TIKI statues, the birds, a moving walkway (anyone remember the voice ''Caaareful, Mon. You are coming to the end of the walkway.''. Plus the steel drum band at the lounge before going to our room in the Island Tower.
    None of that exists anymore. Where's the ''tropic'' in the Tropicana?
    They even painted the bamboo interior of the wedding chapel white, for crissakes!!