Both leases are governed by a master lease agreement with GLPI, which has an initial term of 15 years and includes four options of five years each. GLPI also acquired the real estate with Bally’s Dover Downs casino for $144 million and is leasing it back to Bally’s for $12 million per year. GLPI is leasing it to Bally’s for $28 million per year. (GLPI) acquired the real estate associated with the Tropicana Evansville casino for $340 million. “As we continue to implement our growth and diversification strategy with precision, we are excited to welcome the Tropicana Evansville into the Bally's family and look forward to the opportunity to provide our first-in-class land-based and interactive entertainment offerings to the Indiana gaming market."Īn affiliate of Gaming & Leisure Properties, Inc. “The Tropicana Evansville acquisition closing marks another major accomplishment in what has already been a truly remarkable year for Bally's,” George Papanier, president and chief executive officer of Bally’s Corp., said in a news release. As part of the transaction, Bally’s also acquired the unencumbered rights to the Evansville operations’ sports betting and iGaming skins, which will give Bally’s greater access to the Indiana gaming market. announced Friday that they have completed the transaction of the Tropicana Evansville casino operations in Indiana.īally’s acquired the Tropicana Evansville from Caesars for $140 million.
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From an exquisite buffet and Italian fare, to steaks and BBQ, this resort caters to a wide variety of culinary tastes. There's also no shortage of dining options at Potawatomi Hotel & Casino. The hotel also has upgraded suites such as the Casino Grand that has a separate lounge area with a sofa and wet bar, and the Presidential with 2,200 square feet of space and a private balcony for panoramic views of the city. For additional comfort, there's an in-room smart thermostat. Each room also comes with a flat-screen television set, as well as a coffeemaker and a fridge. Hotel rooms feature scenic views of downtown Milwaukee, as well as lively color palettes and bold, modern décor. It has a wide variety of amenities, which includes delectable dining choices, entertainment shows, and elegant hotel rooms. Offering five-star service and a thrilling casino experience, Potawatomi Hotel & Casino is a premium hotel choice. 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