The historic Tropicana hotel and casino in Las Vegas, built in 1957, will likely be torn down to make way for the city's first baseball stadium, The New York Times reported.
Nevada Governor Joe Lombardo signed a bill into law last week approving $380 million in public funds to construct a $1.5 billion stadium for the relocation of the Oakland Athletics major league baseball team, according to the Las Vegas Review-Journal.
And that new stadium is set to be built on 9 acres of the Tropicana's 35-acre plot, the Review-Journal reported.
The fate of the remaining 26 acres is still up in the air. Soo Kim, the chairman of Bally's Corporation — which owns the Tropicana — has said that a revamped resort-casino is a possibility for the future of the site, according to the Review-Journal.
Bally's Corporation, which owns the Tropicana, did not immediately respond to Insider's request for comment about its plans for the site.
With the demise of the iconic Tropicana likely on the horizon, take a look back at the hotel from its heyday as one of the most lavish destinations in all of Las Vegas.