Savalas was an excellent tipper, Millage said, and Holmes was a happy gambler. Gaming and Leisure has stated publicly that it would try to sell the Tropicana. Aliante Arizona Charlie's Decatur Cannery Fiesta Henderson Fiesta Rancho Grandview Green Valley Ranch JW Marriott Lucky Club M Red Rock Santa Fe Station Silverton Skyline South Point Suncoast Sunset Station Tahiti Village Texas Station. Number of rooms: 1, guest rooms, suites and villas Tropicana Las Vegas location on the Strip Check-in time at Tropicana Las Vegas: p. BUY TICKETS. Rates shown are based on double occupancy. Sportingbet Review Nevada casinos must comply with "minimum internal control standards," but that does not include casino staffing levels, Etwaig Englisch said. Any kind of Handy Zum Spielen -- regardless of its timing -- presents a significant risk for Aztar. Restaurant List Las Vegas Buffets Top 10 Buffets Top 10 Romantic Restaurants Top 10 Steakhouses Top 10 Burger Restaurants Top 10 French Restaurants Top 10 Italian Restaurants Top 10 Mexican Restaurants Top 10 Asian Restaurants Top 10 Chinese Restaurants. Phoenix Business Journal. Las Vegas on pace for lowest annual visitor volume in 32 years.

The new owners "have announced they are adding a lot more rooms. We'll be among the largest hotels again. For a time, the Tropicana was among Las Vegas' six largest hotels.

The man who developed the Rio and built Bellagio and Wynn Las Vegas has been hired by the Tropicana's owners to design and price a redevelopment of the prime Strip property.

Working with Tony Marnell's Marnell Corrao Associates is the latest sign that Tropicana owner Aztar Corp. Marnell Corrao is still working on a final cost estimate for the project, according to informed sources.

Representatives for Aztar and Marnell Corrao declined comment. The Tropicana's room reservation department also has stopped accepting reservations beyond April 14 -- another indicator that a major redevelopment is under consideration.

Hotel properties don't pass up future revenue without a good reason. In a Securities and Exchange Commission filing last week, Aztar amended severance agreements with its top executives that will provide cash payments for all outstanding stock options -- whether or not the options have vested -- should the executives be terminated.

Sweetening the company's "golden parachutes" for executives is a way for the company to prepare for a more uncertain future should a major project move forward, observers say.

The moves don't guarantee that the Tropicana is history, experts say. The company had previously blocked convention reservations while it was considering redevelopment, only to begin accepting them after deciding to delay plans to build a new megaresort.

Aztar has weighed the prospect of redeveloping the Tropicana site for years but has held off on a decision, saying the company needed more time to fully evaluate where the rapidly evolving Las Vegas market was headed.

For the past several months the company has declined to comment on its Tropicana options, even after it filed detailed plans for a 2,room resort with Clark County planners.

While the silence has frustrated some investors, insiders say the uncertainty is related to the fact that the company has a difficult decision to make and is taking its time to carefully weigh various options for the site -- none of which may make shareholders happy.

Some believe Aztar could settle on a middle-market property rather than a more expensive, super-luxury casino that would compete with the likes of Wynn Las Vegas, Bellagio and the Venetian.

Aztar has faced increasing pressure from Wall Street to redevelop the site, with investors concerned that the property is becoming less able to hold its own against more luxurious properties on the Strip.

Others say Aztar's cautious approach makes sense given the circumstances. Rather than plunging ahead, Aztar has spent the past year steadily paying down debt, using cash generated by an expansion at the company's flagship resort in Atlantic City.

Any kind of redevelopment -- regardless of its timing -- presents a significant risk for Aztar. It almost certainly would require the company to close the Tropicana and could take up to two years before Aztar could begin making money again, experts say.

Aztar's major Strip competitors are bigger companies that can better absorb disruptions at single properties. With a low ratio of debt to equity compared with other casino companies, Aztar is in a strong financial position to be able to build a major resort, Maxwell said.

The company still faces tough questions about whether the project will be able to compete with a flood of new projects, he said. Greff doubts the project's ability to achieve an adequate return -- a key measure that moves share prices -- not to mention the fact that it will hurt profit and raise debt in the short term.

Investors are concerned about whether Las Vegas will be able to fill thousands of hotel rooms and condos planned for the Strip in the coming years and whether resorts can continue raising room rates as new competitors emerge.

With labor costs and prices for raw materials on the rise, companies must spend more than they initially expected, recouping even less of their investment than hoped and scaring off investors seeking higher returns, experts say.

The choice of Marnell Corrao to plan a new resort is a selection likely to inspire confidence on Wall Street.

The Tropicana hotel has 45, square feet of gaming space. The hotel has a full-service spa with weight room, sauna and jacuzzi.

There are three pools including the cities only indoor pool, which features swim-up black jack during the summer months. Check Rates. Location: On the Strip - across from Excalibur Hotel Distance from McCarran International Airport to Tropicana hotel is 3.

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PRICE RANGE. Phone: Tropicana Las Vegas - A Doubletree by Hilton offers excellent dining, a pool oasis and comfortable accommodations with a touch of old-school charm. Address: S. Las Vegas Blvd., Las Vegas, NV | Directions > EMAIL US › CONCIERGE: ; RESERVATIONS: In Las Vegas, Atlantic City, New Orleans and Bethlehem, Pa. The casino hosts at the Las Vegas Trop are the most accommodating and friendly of all the casinos I play at. The Tropicana Casino is spacious bright and airy. The drinks are hard to come by in the casino. The Tropicana Las Vegas is a hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned by Gaming and Leisure Properties and operated by Penn National Gaming, and is a franchise of Hilton's DoubleTree chain. It offers 1, rooms, a 50,square-foot (4, m 2) gaming floor, and 72, sq ft (6, m 2) of convention and exhibit space. Tropicana - Las Vegas Casino Hotel Resort Las Vegas Blvd., South Las Vegas, NV GO2-TRO | The Tropicana Resort and Casino embraces the real Las Vegas. An adult getaway to enjoy world-class resort accommodations and amenities, non-stop gaming thrills, award-winning dining and entertainment.