Both leases are governed by a master lease agreement with GLPI, which has an initial term of 15 years and includes four options of five years each. GLPI also acquired the real estate with Bally’s Dover Downs casino for $144 million and is leasing it back to Bally’s for $12 million per year. GLPI is leasing it to Bally’s for $28 million per year. (GLPI) acquired the real estate associated with the Tropicana Evansville casino for $340 million. “As we continue to implement our growth and diversification strategy with precision, we are excited to welcome the Tropicana Evansville into the Bally's family and look forward to the opportunity to provide our first-in-class land-based and interactive entertainment offerings to the Indiana gaming market.'Īn affiliate of Gaming & Leisure Properties, Inc. “The Tropicana Evansville acquisition closing marks another major accomplishment in what has already been a truly remarkable year for Bally's,” George Papanier, president and chief executive officer of Bally’s Corp., said in a news release. As part of the transaction, Bally’s also acquired the unencumbered rights to the Evansville operations’ sports betting and iGaming skins, which will give Bally’s greater access to the Indiana gaming market. announced Friday that they have completed the transaction of the Tropicana Evansville casino operations in Indiana.īally’s acquired the Tropicana Evansville from Caesars for $140 million.

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Bally’s Evansville Casino & Hotel Rooms.

Bally’s Evansville Casino & Hotel Features.Hotels near Bally’s Evansville Casino & Hotel.

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