Tropicana Seeks Better Bid For Ind. Casino

Law360, New York (August 25, 2008, 12:00 AM EDT) -- Bankrupt casino operator Tropicana Entertainment LLC is looking to obtain a higher sale price for its Indiana-based riverboat casino, Casino Aztar, than the bid it received in March.

In a motion filed in the U.S. Bankruptcy Court for the District of Delaware on Friday, Tropicana asked the court to approve a sale process and an auction for the Casino Aztar. Tropicana is seeking a better bid for the casino than the one it received from Eldorado Resorts LLC in March.

“The process that Tropicana has proposed...
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