Bally's Corporation

09/30/2024 | Press release | Distributed by Public on 09/30/2024 12:10

Tropicana Las Vegas Implosion to Make Way for the A’s Ballpark and Bally's Entertainment Resort Destination

For Immediate Release

Tropicana Las Vegas Implosion to Make Way for the A's Ballpark and Bally's Entertainment Resort Destination

Tropicana historical photos, credit Bally's Corporation, linked here.

Tropicana historical photos, credit the Las Vegas Convention and Visitors Authority, linked here.

A's ballpark renderings, credit BIG, linked here.

LAS VEGAS - September 30, 2024- The iconic Tropicana Las Vegas will take its final bow at 2:30 a.m. PT on Wednesday, Oct. 9, marking a major turning point for both Las Vegas and Major League Baseball. The highly anticipated implosion of the Tropicana will pave the way for the construction of the A'sstate-of-the-art ballpark and a world-class entertainment resort destination created in partnership with Bally's Corporation, a name synonymous with Vegas hospitality and gaming.

The implosion of the Tropicana will be celebrated with a breathtaking spectacle, featuring 555 drones and a fireworks display by acclaimed visual creator, Fireworks by Grucci. There will be no public viewing areas of the implosion, due to safety restrictions. A live stream of the implosion will be presented by the Las Vegas Convention and Visitors Authority (LVCVA) on X at x.com/lvcvaand by Bally Live at ballylive.comand via the Bally Live app, available for download on all major platforms. The implosion will also be shown on most major networks' local affiliates.

"The Tropicana Las Vegas was one of the original pioneers of the Strip, setting the stage for the vibrant, larger-than-life entertainment destination we know and love today," said Soo Kim, chairman of Bally's Corporation. "It's fitting that this iconic site now represents the future of Las Vegas as we look forward to welcoming Major League Baseball, the Athletics, and an exciting new entertainment complex. This moment in Las Vegas history represents more than just the next chapter-it's the evolution of the Strip, where legend meets innovation to create something truly unforgettable."

"The demolition of the Tropicana is an important milestone in the process of bringing A's baseball to the world-renowned Las Vegas Strip and the community of Southern Nevada," said John Fisher, owner of the A's. "We hope that, in time, this site will become a place of unforgettable experiences for fans of the game. We extend our gratitude to Bally's and GLPI for their partnership as we embark on this project together."

The Tropicana Las Vegas, often referred to as "The Trop," has been a cornerstone of the Las Vegas Strip since its opening in 1957. Developed by Miami-based businessman Ben Jaffe, its luxurious South Beach-inspired architecture and tropical theme set a new standard for opulence, quickly earning it the moniker "The Tiffany of the Strip." The Tropicana boasted the largest casino in Las Vegas at the time of its opening, drawing in an elite crowd of high-rollers and celebrities.

For over six decades, the Tropicana Las Vegas has remained an iconic fixture on the Strip, representing the evolution of entertainment, luxury and gaming in the city. From its Rat Pack-era heyday and the glamorous Folies Bergère to now the future home of the Athletics and a cutting-edge entertainment complex by Bally's Corporation, the Tropicana's history reflects the spirit of reinvention and excitement that defines Las Vegas. A full timeline of the history of the Tropicana Las Vegas is linked here.

The implosion is being facilitated by GGG Demolition in coordination with Controlled Demolition, Inc. (CDI), which has a rich history of safely demolishing structures in Clark County. CDI will take down the Tropicana's two towers, with a total of 917,400 square feet being demolished. The steel-framed 23-story Paradise Tower will feature 220 cut-point locations loaded with 490 pounds of explosives, while the concrete-framed 23-story Club Tower will have 1,130 boreholes filled with 1,700 pounds of explosives. A total of 22,000 lineal feet of detonating cord will be used for implosion initiation in both structures at the end of the fireworks and drone show. The demolition sequence will start with the Paradise Tower, and both structures are expected to collapse within approximately 22 seconds after the implosion button is pressed.

Having felled 35 buildings in Clark County since 1993, CDI's notable projects include the Dunes North Tower, Frontier, Hacienda, Stardust and Riviera. CDI even partnered with the film industry to explosively fell the Landmark Hotel Tower during the production of Hollywood hit, "Mars Attacks!"

More information about Bally's Corporation is available at www.ballys.comand on Instagram at @ballyslv, and more information about the Athletics is available at www.athletics.comand on Instagram at @athletics.

###

About Bally's Corporation:

Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence. It currently owns and manages 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, formerly Gamesys Group, a leading, global, online gaming operator, Bally Bet, a first-in-class sports betting platform, and Bally Casino, a growing iCasino platform.

With 10,600 employees, the Company's casino operations include approximately 15,300 slot machines, 580 table games and 3,800 hotel rooms. Upon completing the construction of a permanent casino facility in Chicago, Bally's will own and/or manage 15 casinos across 10 states. Bally's also has rights to developable land in Las Vegas post the closure of the Tropicana. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY'.

About the Athletics:

With a storied legacy spanning more than 100 years, the Athletics have a remarkable history that includes three cities, nine World Series titles, 59 individual league awards, and 37 Hall of Famers. The A's will be making their move to Las Vegas for Opening Day 2028. For more information, visit athletics.com.

Media Contacts:

Stephanie Wilson/Richard Robinson/Dave Wong/Taylor Goldberg

[email protected]/(702) 868.4545

Working Media Credential Requests:

Las Vegas: Drake Garbacik at [email protected]/(574) 216.6042

National: Dave Wong at [email protected]/(424) 404.0120