Rolling the Dice for the Tropicana

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Description: Asenior executive at Bear Stearns, which is overseeing the sale, has told NJBIZ that about two dozen other prospects have expressed interest in the Tropicana, including The Mohegan Tribe, which owns Mohegan Sun Casino in Connecticut; Penn National Gaming, the Wyomissing, Pa.-based company that has been pining to get into Atlantic City for years; and a partnership of developer Curtis Bashaw of Cape May and Wallace Barr, former CEO of Las Vegas-based Caesars' Entertainment Inc. Also declaring interest is a partnership of former Tropicana CEO Dennis Gomes and The Cordish Co.of Baltimore, the firm that developed The Walk, a retail complex that has brought life to the center of Atlantic City.
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