![]() ![]() ![]() By the 1970s, the Tropicana had difficulty competing against larger, newer resorts, eventually losing its prominence as a luxury property. The $15 million Tropicana opened on April 4, 1957, as the most expensive Las Vegas resort developed up to that point. The resort was conceived by Ben Jaffe, part owner of the Fontainebleau Hotel in Miami Beach. The hotel-casino occupies 35 acres (14 ha) at the southeast corner of the Tropicana – Las Vegas Boulevard intersection. It is owned and operated by Bally's Corporation, on land leased from Gaming and Leisure Properties. ![]() The Tropicana Las Vegas is a casino hotel on the Las Vegas Strip in Paradise, Nevada. ![]()
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