Old Vegas On Way Out
It would appear that the long rumored implosion of the Tropicana Hotel & Casino is actually nearing realization. Rumors have the Aztar Corporation, owners of the aging property, working with Marnell Corrao Associates to design the potential new property and identifying the costs of such a project. The design firm has helped build several Vegas properties including Wynn Las Vegas and the Rio, which they owned before selling it to Harrah's Entertainment. Although we have heard no official word, several breadcrumbs left on the trail include a visit to the Tropicana website, which is no longer accepting reservations past April 13th, 2006, and a SEC filing last week that amended severance agreements with senior management.

FROM A VEGAS NEWS LETTER I GET... SKIP