Expansion
On November 2, 2006, Tropicana Entertainment publicly announced a $2 billion renovation of the Tropicana planned to be completed in 2010, making it the largest resort casino in the world. Unlike previous Las Vegas projects however, there would have been no demolition of the entire resort. The existing Paradise and Island towers would have received both interior and exterior renovations and 4 new towers would have been built on the property (the last will be branded as a separate hotel).
The plans included a 100,000-square-foot (9,300 m2) casino, five hotel towers totaling 10,000 rooms and a sprawling 200,000-square-foot (19,000 m2) retail promenade. Other amenities included spas and fitness centers; more than 20 restaurants and lounges; a 1,500-seat entertainment venue for big-name headliners; and a water–ride attraction. All improvements to the property were put on hold since the recession began in 2008, and became moot when Tropicana Entertainment filed for bankruptcy.
In August 2009, the Tropicana's new CEO, Alex Yemenidjian, announced a "$165 million" plan to renovate the property around a South Beach style, to be done in several phases. The first phase would renovate the Tropicana's back office facilities with completion planned for the end of 2009. The second phase would renovate the conference facilities, rooms, and common areas, with construction to finish at the end of August 2010. The third phase, including a Nikki Beach Night Club and Nikki Beach multi-million dollar pool renovation is planned to be completed by April 2011.
In February 2011, the Tropicana opened a new sports book, operated by Cantor Gaming.
Read more about this topic: Tropicana Las Vegas
Famous quotes containing the word expansion:
“The fundamental steps of expansion that will open a person, over time, to the full flowering of his or her individuality are the same for both genders. But men and women are rarely in the same place struggling with the same questions at the same age.”
—Gail Sheehy (20th century)
“We are caught up Mr. Perry on a great wave whether we will or no, a great wave of expansion and progress. All these mechanical inventions—telephones, electricity, steel bridges, horseless vehicles—they are all leading somewhere. It’s up to us to be on the inside in the forefront of progress.”
—John Dos Passos (1896–1970)
“Every expansion of government in business means that government in order to protect itself from the political consequences of its errors and wrongs is driven irresistibly without peace to greater and greater control of the nation’s press and platform. Free speech does not live many hours after free industry and free commerce die.”
—Herbert Hoover (1874–1964)