Trop to fold?

[2Tone]

Company line is that they will continue to operate as usual, but I have my doubts. It seems the Vegas property has been on its last legs for some time now. It's a great location -- if nothing else the property is hell of an asset.



The fallout from losing its New Jersey casino license will force the owner of Tropicana casinos in Atlantic City and Las Vegas to seek Chapter 11 bankruptcy protection, the company said Monday.

Tropicana Entertainment LLC said it plans to continue operating and will keep current staffing levels.