More time sought to complete Tropicana sale

8 Oct 2008

ATLANTIC CITY, New Jersey -- As reported by The Press of Atlantic City: "With a crucial deadline looming, the conservator overseeing the sale of Tropicana Casino and Resort filed papers Tuesday asking for another month to wrap up a deal with the leading bidder for the gaming hall.

"Gary S. Stein, a retired New Jersey Supreme Court justice who has been in charge of Tropicana since it was stripped of its license in December, wants the state Casino Control Commission to approve an extension to Nov. 12.

"If granted, it would be the fourth time that Stein has been given an extension of the sale deadline. ...Stein's request for another extension to Nov. 12 is expected to be heard at the Oct. 15 board meeting.

"Stein said in his papers Tuesday that he needs more time to negotiate an agreement with the Cordish Co., a Baltimore developer that he has selected as Tropicana's lead bidder..."

copyrighted material written for and appeared exclusively in The Press of Atlantic City

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	More time sought to complete Tropicana sale 8 Oct 2008 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> ATLANTIC CITY, New Jersey -- As reported by The Press of Atlantic City: "With a crucial deadline looming, the conservator overseeing the sale of Tropicana Casino and Resort filed papers Tuesday asking for another month to wrap up a deal with the leading bidder for the gaming hall. "Gary S. Stein, a retired New Jersey Supreme Court justice who has been in charge of Tropicana since it was stripped of its license in December, wants the state Casino Control Commission to approve an extension to Nov. 12. "If granted, it would be the fourth time that Stein has been given an extension of the sale deadline. ...Stein's request for another extension to Nov. 12 is expected to be heard at the Oct. 15 board meeting. "Stein said in his papers Tuesday that he needs more time to negotiate an agreement with the Cordish Co., a Baltimore developer that he has selected as Tropicana's lead bidder..." copyrighted material written for and appeared exclusively in The Press of Atlantic City

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More time sought to complete Tropicana sale