TPCA - Tropicana Entertainment Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
73.90
+0.15 (+0.20%)
At close: 12:51PM EDT
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Previous Close73.75
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume5,480
Market Cap1.761B
Beta (3Y Monthly)0.50
PE Ratio (TTM)33.44
EPS (TTM)2.21
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est55.00
Trade prices are not sourced from all markets
  • Associated Press18 days ago

    Atlantic City's Tropicana casino bought in $1.9B acquisition

    ATLANTIC CITY, N.J. (AP) — Eldorado Resorts has completed its purchase of Atlantic City's Tropicana casino.

  • Business Wire20 days ago

    Eldorado Resorts Completes Tropicana Entertainment Acquisition

    Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or “the Company”) announced today that it completed its previously announced acquisition of Tropicana Entertainment Inc. (TPCA) (“Tropicana”). The transaction further increases the Company’s scale and is expected to be immediately accretive to Eldorado’s free cash flow and diluted earnings per share, inclusive of identified expected cost synergies of approximately $40 million expected to be realized in Eldorado’s first year of operation of Tropicana (and giving effect to the master lease described below). The combination creates a premier, diversified regional gaming platform with combined annual revenue of more than $2.7 billion and combined adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of approximately $697 million (before rent and after giving effect to the realization of synergies), in each case for the twelve months ended June 30, 2018 and giving effect to the acquisition of Grand Victoria Casino and the previously announced dispositions of Presque Isle Downs and Lady Luck Nemacolin.

  • Eldorado gets temporary OK to own Tropicana casino
    Associated Presslast month

    Eldorado gets temporary OK to own Tropicana casino

    ATLANTIC CITY, N.J. (AP) — Eldorado Resorts was given temporary approval to own Atlantic City's Tropicana casino, expressing optimism about a growing market rather than nervousness over increasing competition.

  • Moody'slast month

    Eagle II Acquisition Company LLC -- Moody's affirms Eldorado Resorts, Inc.'s B1 CFR; unsecured notes upgraded to B2, bank loan upgraded to Ba1

    Moody's Investors Service today affirmed Eldorado Resorts, Inc.'s (Eldorado) B1 Corporate Family Rating and SGL-1 Speculative Grade Liquidity rating. At the same time, a B2 was assigned to Eldorado's proposed $600 million senior unsecured notes. Eldorado's existing $1.25 billion senior unsecured notes were upgraded to B2 from B3.

  • FanDuel and DraftKings are racing to open sports betting operations
    Yahoo Finance3 months ago

    FanDuel and DraftKings are racing to open sports betting operations

    DraftKings and FanDuel, the leading DFS platforms, are both jumping into sports betting after a favorable change in the law.

  • PR Newswire5 months ago

    Tropicana Entertainment Inc. Announces Completion of "Window-Shop" Period

    LAS VEGAS, May 15, 2018 /PRNewswire/ -- Tropicana Entertainment Inc. (TPCA) ("Tropicana" or the "Company"), a majority owned subsidiary of Icahn Enterprises L.P. (IEP), has announced that the  "window-shop" period provided for in the merger agreement signed in connection with the merger of Tropicana's gaming and hotel operations into Eldorado Resorts, Inc. (ERI), and the related sale of Tropicana's real estate to Gaming and Leisure Properties, Inc. (GLPI), expired at 6:00 p.m. (New York City time) today. Pursuant to the merger agreement, during the period from April 15, 2018 until the expiration of the "window-shop" period, if the Company received an unsolicited acquisition proposal from a third party that the Company's Board of Directors determined in good faith constituted or may have resulted in a superior proposal, then the Company would have had the right to provide information to, and participate in discussions or negotiations with, that third party and,  subject to the terms and conditions of the merger agreement, terminate the merger agreement.

  • Motley Fool6 months ago

    Is Eldorado Resorts Expanding Too Fast?

    The regional gaming operator has been on a buying spree.

  • TheStreet.com6 months ago

    Investor Attention Shifts to Earnings; Icahn Renews Battle Against Xerox--ICYMI

    Here's what you need to know now for Monday, April 16.

  • Icahn's company strikes approximately $1.85B Tropicana deal
    Associated Press6 months ago

    Icahn's company strikes approximately $1.85B Tropicana deal

    ATLANTIC CITY, N.J. (AP) — Carl Icahn's company struck an approximately $1.85 billion deal Monday that would fuse the gambling and hotel operations of Tropicana Entertainment to Eldorado Resorts Inc.

  • Carl Icahn sells Tropicana casinos in $1.85 billion deal
    Reuters6 months ago

    Carl Icahn sells Tropicana casinos in $1.85 billion deal

    Under the deal announced on Monday, six of the eight casino properties run by Tropicana will be sold by Icahn Enterprises LP to real estate investment trust Gaming and Leisure Properties for $1.21 billion. The casino operations will be taken over by Eldorado, which will pay the remaining $640 million and lease the properties from GLPI for an initial 15-year period.

  • Carl Icahn sells Tropicana casinos in $1.85 billion deal
    Reuters6 months ago

    Carl Icahn sells Tropicana casinos in $1.85 billion deal

    Under the deal announced on Monday, six of the eight casino properties run by Tropicana will be sold by Icahn Enterprises LP (IEP.O) to real estate investment trust Gaming and Leisure Properties (GLPI.O) for $1.21 billion. The casino operations will be taken over by Eldorado, which will pay the remaining $640 million and lease the properties from GLPI for an initial 15-year period.

  • CNBC6 months ago

    Carl Icahn sells Tropicana casinos in $1.85 billion deal

    Icahn Enterprises is selling most of its Tropicana Entertainment casinos.

  • PR Newswire6 months ago

    Tropicana Entertainment Inc. Announces Definitive Sales Agreement

    LAS VEGAS, April 16, 2018 /PRNewswire/ -- Tropicana Entertainment Inc. (OTCQB: TPCA) ("Tropicana"), a majority owned subsidiary of Icahn Enterprises L.P. (IEP), announced today that it has entered into a definitive agreement to sell Tropicana's real estate to Gaming and Leisure Properties, Inc. (GLPI) and to merge its gaming and hotel operations into Eldorado Resorts, Inc. (ERI), for aggregate consideration of approximately $1.85 billion.

  • Reuters6 months ago

    Casino operator Eldorado Resorts to buy Tropicana Entertainment

    Casino operator Eldorado Resorts Inc said on Monday it agreed to buy Tropicana Entertainment Inc in a deal valued at $1.85 billion in cash. Tropicana Entertainment owns and operates eight casinos and resorts ...

  • Carl Icahn in selling mode: Is this an ominous market sig...
    CNBC Videos6 months ago

    Carl Icahn in selling mode: Is this an ominous market sig...

    CNBC's Leslie Picker reports on legendary investor Carl Icahn selling positions in some of his stock picks potentially sending a sell signal to the market.

  • Carl Icahn sells Tropicana casinos in $1.85 billion deal
    Yahoo Finance Video6 months ago

    Carl Icahn sells Tropicana casinos in $1.85 billion deal

    Billionaire investor Carl Icahn is cashing out of the casino business Tropicana Entertainment in a $1.85 billion deal that will see Eldorado Resorts picking up Tropicana's casino operations, including its crown jewel in Atlantic City.