AC Tropicana Casino Taken For $11M

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Last year, Billionaire investor Carl Icahn bought the Tropicana out of bankruptcy. His plan is to aggressively market and cater to the base of high stakes players that have abandoned Atlantic City in recent years.

The plan is doing just that, attracting high stakes players. The problem is they are winning, and winning millions of dollars! In April Bensalem, Pa., gambler Don Johnson beat the Tropicana casino for $5.8 million at blackjack. Mr. Johnson actually went on a $15M run, taking Borgata Hotel Casino & Spa for $5 million and Caesars Atlantic City for more than $4.2 million.

Well, it has happened again as a yet unnamed gambler took the Tropicana Hotel and casino for $5.3M. The Casino released a statement to announce the winnings, and assure future gamblers the high stakes tables are not going away.

The Tropicana also assured everyone there where going to be no staff cuts, or cut backs as a result of the losses. It was also stated “Mr. Icahn is personally very supportive of this strategy, and he understands that there are fluctuations with it”. So good news for high stakes players, the tables are ready for your action.

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