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casino near me gatlinburg tnAt the height of the coronavirus pandemic squeezing the gaming industry last March, Penn, then strapped for cash, sold the Trop property and the ground lease of an asset in Morgantown, Pa. Today, the REIT is the operator’s primary landlord.Parks was the broker for the 2019 sales of Circus Circus and The Rio.Not SurprisingRumors about Penn possibly selling the Tropicana surfaced in late 2019, with analysts saying at the time the property could fetch 0 million. At the height of the coronavirus pandemic squeezing the gaming industry last March, Penn, then strapped for cash, sold the Trop property and the ground lease of an asset in Morgantown, Pa. That transaction style showed success in regional markets over the past two years.Among public companies that could make for logical Tropicana suitors, Bally’s Corp. Golden Nugget boss Tilman Fertitta is rumored to be interested in Strip assets. Gaming & Leisure could also go another dsoaring eagle casino box office hoursirection and sell the venue to a private equity company.It’s also possible a gaming operator partners with one of GLPI’s rivals to purchase the property. sunset station casino grand cafe

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