Why The Closing Of The Tropicana Hotel Marks The End Of An Era In Las Vegas Real Estate [Yahoo! Finance]
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bookend on the city's image as a gambler's paradise and ushers the city in as a modern, 21st-century metropolis. It's a change that has been in the works for a long time. The Tropicana is not nearly the newest, fanciest or most exciting casino in Las Vegas. By modern standards, it did not have the most luxurious facilities. What the Tropicana did have, however, was an incredibly colorful history. Originally built with under-the-table financial contributions from a consortium of mafia bosses that included Frank Costello, the Tropicana was a massive profit center. When it opened, the Tropicana was so luxurious it was known as the Tiffany of the Strip and gamblers flocked there to play. Most of them were oblivious that they were playing at a mob-run casino. They would have remained so if not for a failed attempt on Costello's just a few months after the Tropicana opened. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow y
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