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Bettie: Tropicana Entertainment LLC expected to file for bankruptcy protection
From today's Wall Street Journal:
"Struggling casino operator Tropicana Entertainment LLC is expected to file for bankruptcy protection as early as today, said two people familiar with the matter. It would be the largest corporate bankruptcy of the year, and the latest blow to Las Vegas, which has seen gambling revenues decline and major building projects canceled or delayed in the last few months.
Kentucky-based Tropicana has a small casino empire which includes the famed Tropicana Resort & Casino in Las Vegas and a host of small regional casinos from Mississippi to Baton Rouge."
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Bettie
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