It wasn't a straightforward deal of one party selling to another. Instead, call it a curve ball deal. Bally's, the casino operator, with Gaming & Leisure Properties, Inc. entered into a binding agreement to allow Major League Baseball's Oakland Athletics to put their new ballpark on part of the Tropicana Las Vegas property.

The deal's complicated. "Bally's and GLPI will assign approximately nine acres of the 35-acre site located on Las Vegas Boulevard and Tropicana Avenue to the Oakland Athletics or a related stadium authority," the companies announced.

The new ballpark will accommodate approximately 30,000 fans and will supposedly see 2.5 million fans and visitors annually. The organizations involved say the arrangement should provide a number of benefits. They include the expected increased value of the rest of the development, flexibility to develop in a phased approach with "disciplined capital employment," potential for global brands to market to the heavily trafficked area, and "transformational impact for the evolution of Bally's database further solidifying its global omni-channel strategy."