The Tropicana’s new ownership group, headed up by former MGM Grand Inc. President and Chief Operating Officer Alex Yemenidjian, plans to spend more than $100 million in the next year to ‘”transform the Tropicana to pre-eminence,” says Yemenidjian.
The new owners, Tropicana Las Vegas Inc., plan to remodel the hotel’s 1,876 rooms, the casino floor, two new restaurants and center bar, the showroom, convention center and the pool areas with a South Beach Miami theme.
A new sports book, poker room, and replacing the casino’s slot machines and table games are other planned changes.
Pedestrian bridges from Excalibur and MGM Grand to the Tropicana are also planning to be extended.
The changes will be introduced with new marketing and entertainment programs.
The new owners plant to take over the Tropicana’s nongaming opertions July 1, pending Armenco Holding’s approval by the Nevada Gaming Commission, which meets June 18.