The debt-ridden slate of Tropicana Las Vegas has been wiped clean. Someone new is at the helm and promises of better times have been made. Toronto-based Onex Corporation and former MGM Mirage President Alex Yemenidjian have secured a majority stake in the property after it emerged from Chapter 11 bankruptcy. Commitments have been made for a make-over of the property, including a revamped casino floor, hotel rooms, pool and new dining options. The upgrades are expected to be completed next year.
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