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Tropicana Celebrates 30 Years in Atlantic City

The casino has had a bumpy ride in last decade, but is currently on the rise again

By Lori Hoffman
Add Comment Add Comment | Comments: 0 | Posted Nov. 9, 2011

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In the world of gaming, ups and downs are part of the enticement. One moment you are down to your last dollar, the next minute you hit it big.

That equation can apply to a casino property as well. Tropicana Casino and Resort, celebrating its 30th anniversary in Atlantic City this month, has demonstrated that the roll of the dice can be both favorable and unfavorable over the course of decades. In fact, the high and lows at the Trop have been more extreme than most.

For many years, the Tropicana was one of the most popular casinos in the region leading to the addition of The Quarter, a shopping and dining complex in 2003.

Four years after that milestone, the casino’s gaming license was not renewed due to mismanagement by then owners Columbia-Sussex who came to town in January 2007 and proceeded to eliminate 1,000 jobs. What followed was a series of protests by unhappy employees, and complaints from Trop patrons.

From that low point, the Tropicana has been on the upswing once again. An ownership group led by billionaire Carl Icahn purchased the property in 2009 providing stability. This past May 31, Hammonton native and veteran Atlantic City casino executive Tony Rodio was named president and CEO of the Tropicana.

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