Current:Home > MarketsTropicana Las Vegas, a Sin City landmark since 1957, will be demolished to make way for MLB baseball -FundSphere
Tropicana Las Vegas, a Sin City landmark since 1957, will be demolished to make way for MLB baseball
View
Date:2025-04-18 03:32:48
LAS VEGAS (AP) — The Tropicana Las Vegas, a Sin City landmark for more than six decades, is shutting its doors in the spring to make room for a $1.5 billion Major League Baseball stadium that will be home to the relocating Oakland Athletics.
Bally’s Corp. made the announcement Monday, saying the closure on April 2 — days before the 67th anniversary of the Tropicana’s opening — marks the beginning of preparations for demolition of the resort on the Las Vegas Strip.
The Tropicana was dubbed the “Tiffany of the Strip,” described as the most expensive hotel-casino built in Las Vegas when it opened with three stories and 300 rooms in 1957 at a cost of $15 million.
Now, that parcel is the planned site of a 30,000-seat ballpark with a retractable roof. All 30 MLB owners in November gave their approval for the A’s to move to Las Vegas.
In a statement, Bally’s President George Papanier described the ballpark plans as a “once-in-a-lifetime opportunity.”
“Bally’s looks forward to the development of a new resort and ballpark that will be built in its place and will become a new landmark, paying homage to the iconic history and global appeal of Las Vegas and its nearly 50 million visitors a year,” the company said in a news release.
The ballpark, backed by $380 million in public funding, is expected to open in 2028, near the homes of the NFL’s Vegas Raiders, who fled Oakland in 2020, and the NHL’s Golden Knights, who won the Stanley Cup last year in just their sixth season.
Bally’s says it will no longer accept hotel bookings after April 2 and will relocate any customers who reserve past the closing date.
The company’s announcement came just a month after the Tropicana and the Culinary Workers Union, which represents about 500 workers there, reached an agreement for a new five-year contract.
Ted Pappageorge, the union’s secretary-treasurer, said he hopes the severance package secured in the latest contract will ease what he expects to be a difficult transition for the Tropicana’s largely senior workforce, many of whom, he said, have worked at the hotel-casino for decades.
Under the new union contract, the employees will receive severance pay of $2,000 for each year of work. For veteran workers at the Tropicana, Pappageorge said, that totals tens of thousands of dollars.
“In Las Vegas, hotels are bought and sold on a regular basis,” Pappageorge said. “These new projects are welcome, but workers can’t be discarded like an old shoe.”
Rhode Island-based Bally’s purchased the Tropicana in 2021 for $308 million.
veryGood! (2)
Related
- Rylee Arnold Shares a Long
- ‘Some friends say I’m crazy': After school shooting, gun owners rethink Georgia's laws
- Video shows missing Louisiana girl found by using thermal imaging drone
- At Google antitrust trial, documents say one thing. The tech giant’s witnesses say different
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Anti-'woke' activists waged war on DEI. Civil rights groups are fighting back.
- 15 new movies you'll want to stream this fall, from 'Wolfs' to 'Salem's Lot'
- National Pepperoni Pizza Day 2024: Get deals at Domino's, Papa Johns, Little Caesars, more
- A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
- Olympian Maggie Steffens Details Family's Shock Two Months After Death of Sister-in-Law Lulu Conner
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- NFL Week 3 picks straight up and against spread: Will Ravens beat Cowboys for first win?
- Senator’s son to appear in court to change plea in North Dakota deputy’s crash death
- Board approves more non-lethal weapons for UCLA police after Israel-Hamas war protests
- The Best Stocking Stuffers Under $25
- North Carolina judge won’t prevent use of university digital IDs for voting
- Justin Theroux Reveals How He and Fiancée Nicole Brydon Bloom First Met
- A lawsuit challenging a South Dakota abortion rights measure will play out after the election
Recommendation
Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
Elle King Addresses Relationship With Dad Rob Schneider Amid Viral Feud
Justice Department opens civil rights probe into sheriff’s office after torture of 2 Black men
Zach Bryan apologizes for 'drunkenly' comparing Taylor Swift and Kanye West
NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
Brad Pitt and George Clooney Reveal New Ocean’s Movie Is in the Works
University of Cincinnati provost Valerio Ferme named new president of New Mexico State University
New York Philharmonic musicians agree to 30% raise over 3-year contract