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Tropicana Las Vegas President Thomas McCartney Resigns

LAS VEGAS, Oct. 10, 2011 -- Thomas McCartney announced his resignation from Tropicana Las Vegas today.  McCartney has served as the property's President/COO since 2009.  His resignation will be effective October 31, 2011.  During his tenure, the property experienced a complete transformation of the hotel/casino, as well as a successful re-launch of the brand.

"Tom had a tremendous impact on many aspects of our operations, especially in shaping our service culture," said Alex Yemenidjian, Chairman and CEO. "In addition to being a superb executive, he is also a great friend, and I am going to miss him."

McCartney, a 20 year veteran of the casino industry, joined Tropicana Las Vegas as President and COO after holding the same title at Planet Hollywood Hotel and Casino.  He has also held several leadership positions with MGM Resorts, including Executive Vice President of Luxor Hotel and Casino and Senior Vice President of New York-New York Hotel and Casino.  In these roles McCartney was instrumental in the opening of New York-New York Hotel and Casino as well as re-branding initiatives at both New York-New York and Luxor.  He is also credited with the creation and opening of "Nine Fine Irishmen" at the New York-New York property.  McCartney came to Las Vegas after a successful tenure at Caesars in Atlantic City.

In announcing his departure, McCartney expressed his appreciation for his time at Tropicana.  "It has been a great pleasure being part of a winning team at Tropicana Las Vegas," said McCartney.  "I am confident that Tropicana Las Vegas once again has become a very competitive property on the Las Vegas strip due to its physical and service transformation.  I wish Alex and his team the greatest of success in their future and look forward to the next chapter of my career."

Jennifer Polito
Preferred Public Relations

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Tropicana's $180 million Renovation Turning Heads; Moving from Number 80 in Customer Rankings of Top Las Vegas Hotels Before the Re-do to Number 20 / May 2011

Tropicana Las Vegas Resort & Casino to Hire 400 in Preparation for the Grand Opening of Nikki Beach Club and Club Nikki; Holding a "Personality Fair" on April 11 to Conduct Interviews / April 2011

Nikki Beach Las Vegas, the Ultimate International Beach Club, To Open at Tropicana Las Vegas Hotel Resort & Casino / March 2011

Trying to Capture the Panache of South Beach, Tropicana Las Vegas Nearing Completion of Phase I of the $180 Million Transformation / March 2011

Las Vegas Tropicana Cites Temporary Room Closures and Economy for 2010 Earnings Slump; 2010 Net Revenue of $54.2 million Down From $77.5 million in 2009 / February 2011

The 1,658- room Tropicana Las Vegas Adopts New South Beach Miami Motif; New Owners Hope $165 million Renovation Will Capture Money Crowd / June 2010

Tropicana Las Vegas Appoints Brandie Feuer as Director of Marketing & Innovation / March 2010

Thomas J. McCartney Named President of the Tropicana Las Vegas Resort Casino / December 2009

New Owners Plan to Invest $100 million to Renovate the 1,876-room Tropicana Las Vegas with a South Beach Miami Theme / July 2009

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