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On August 26, 2009, the New Jersey On Line Casino Control Commission permitted Tropicana Leisure Inc. because the property’s new proprietor. The acquisition exchanged $200 million of the property’s mortgage for equity. Otis, the upkeep firm for the elevators at the time, took full responsibility and leveled the counterweights and fixed the protection methods in all 4 West Tower elevators. This was solely the second time in twenty-nine years that the fee denied a license renewal. The OSHA fines have been finally decreased to less than $10,000, a settlement of $101M was divided between the injured victims, and one other undisclosed settlement for the 4 households of the deceased .
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- Bally’s bought the non-land property of the resort from GLPI and Penn for $148 million, and leased the land from GLPI for annual rent of $10.5 million.
- Plans have been announced in 2013 to construct a two-story shopping area on the plaza land, but this project was later scrapped.
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