The N.J. Casino Control Commission voted four to one not to renew the Tropicana’s Casino License Wednesday afternoon. The four commissioners concluded that the Trop failed to meet the state’s license requirements.
Gary Stein, a former State Supreme Court Justice, was appointed as the Trustee who will oversee the operations of the Tropicana.
Tropicana President, Mark Giannantonio will work with the Trustee and later with a Conservator in supervising the operations of the Tropicana. According to TV 40, Tropicana’s Attorney said that they plan to appeal the decision.
Tonight, Giannantonio said, “After hearing today's decision by the New Jersey Casino Control Commission, I can assure the Commission and the public that I, along with my Tropicana team in Atlantic City, will work closely and diligently with the appointed Trustee.”
“I want the public to know that the Tropicana will remain fully open for business in Atlantic City. We have a very dedicated and hard-working staff here who will remain committed, as always, to provide our guests with a quality experience throughout their stay.”