The Tropicana Las Vegas is a defunct casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned by Bally's Corporation, on land leased from Gaming and Leisure Properties. The complex occupies 35 acres (14 ha) at the southeast corner of the Tropicana – Las Vegas Boulevard intersection.
The resort was conceived by Ben Jaffe, part owner of the Fontainebleau Hotel in Miami Beach. The $15 million Tropicana opened on April 4, 1957, as the most expensive Las Vegas resort developed up to that point. The Tropicana includes a 44,570 sq ft (4,141 m2) casino and 1,467 rooms. The hotel originally opened with low-rise structures containing 300 rooms, and the property would later launch several expansions, including two hotel towers added in 1979 and 1986 respectively. The latter tower was accompanied by the introduction of an island theme for the property. The Tropicana has been host to various live entertainment, including the topless showgirl revue known as Folies Bergere. It ended in 2009, after nearly 50 years, and remains the longest-running show in Las Vegas history.
The Tropicana underwent numerous ownership changes throughout its history. Mob connections were present at the time of it’s opening, and an FBI investigation in 1979 uncovered a skimming operation at the resort. It was sold that year to Ramada Inns, which later transferred ownership to its spin-off company, Aztar Corporation, in 1989. During the 2000s, Aztar considered demolishing the Tropicana for development of a new resort, although this did not come to fruition. Columbia Sussex bought the resort in 2007, but lost it to bankruptcy two years later, with Onex Corporation emerging as the new owner. Onex launched a $180 million renovation, the property's first since 1986. The project was completed in 2011 and added a South Beach theme.
Penn National Gaming bought the Tropicana in 2015, before selling it to Bally's in 2022. A year later, Major League Baseball's Oakland Athletics reached an agreement with Bally's to demolish the Tropicana, making way for two new projects: a baseball stadium (tentatively the New Las Vegas Stadium) on nine acres of the site, and a new resort bearing the Bally's name on the remaining land. The Tropicana closed on April 2, 2024, and demolition is expected to be complete by October of the same year.
^Finnegan, Amanda (August 6, 2009). "Tropicana shows off new logo tied to redesign". Las Vegas Sun. Retrieved December 27, 2023.
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