Penn National Gaming Sells Tropicana Las Vegas
(Poker News Daily)

Penn National Gaming announced that it has agreed to sell the Tropicana Las Vegas to Gaming and Leisure Properties, Inc. (GLPI). The deal for the casino on the south end of the Strip is for $337.5 million. Interestingly, the $337.5 million will not be paid in cash, but rather in a `non-cash rent payment.` The… The post Penn National Gaming Sells Tropicana Las Vegas appeared first on Poker News Daily.