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Tropicana Acquisition Gains Nevada Gaming Board Approval

LAS VEGAS—Tuesday closing planned for $360 million acquisition by Penn National.

By David Phillips | Updated on August 24, 2015

LAS VEGAS—Penn National Gaming Inc. says it has received approval today from the Nevada Gaming Commission to complete the company’s planned $360 million acquisition of Tropicana Las Vegas.

The Commission’s approval represents the final step in the regulatory process to finance and acquire the property following earlier approvals in several other jurisdictions where the company operates. Penn National plans to complete deal on Tuesday.

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