Las Vegas Casino Being Demolished for New Baseball Stadium
The Tropicana Las Vegas, a casino complex that opened in 1957, and added two high-rise buildings in 1979 and 1986, will close on 2 April 2024. The complex is set to be demolished in order for a 30,000-seat Major League ballpark-resort complex to be built for the Athletics (A's), who are moving from Oakland to Las Vegas.
This integrated resort-and-ballpark complex would be on the southeast intersection of Tropicana Avenue and the Las Vegas Strip. This is still a proposal that appears to be moving quickly forward, although updated designs have yet to be released as well as how the facility will obtain all the funding for its construction. It is reported that it will cost around USD$1.5 billion.
The Nevada Legislature last year approved $380 million to help the team build the ballpark, and the major league team has previously said it hopes the facility will be ready for the 2028 season.
Bally's Corp. acquired the Tropicana from real estate investment trust Gaming and Leisure Properties Inc. for $308 million in 2021, with Bally's leasing the land underlying the hotel as part of the transaction. An agreement reached last year between Bally's, Gaming and Leisure Properties, and the Oakland A's indicated that the stadium would occupy about nine acres of the 35-acre site. A new Bally's hotel-casino would be built on the rest of the property.
Bally's will begin to close out all hotel bookings and relocate all customer reservations booked beyond April 2.
Learn more about this story at Travel Weekly.
The Tropicana - Paradise Tower
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