was cleared on Thursday to close on its purchase of the Tropicana Las Vegas by the Nevada Gaming Commission.Īfter a one-hour hearing, commissioners unanimously approved the Providence, Rhode Island, company’s $308 million acquisition from Penn Entertainment Inc., a deal first announced in April 2021.īally’s is not affiliated with the Bally’s resort about a mile north of the Tropicana on Las Vegas Boulevard. (Ellen Schmidt/Las Vegas Review-Journal) Corp.