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- Additional Info:Tropicana also filed a motion seeking approval of proposed bidding procedures for a court-supervised auction. The bidding procedures, if approved, would require interested parties to submit binding offers to acquire the Tropicana within approximately 30 days, and, assuming qualified bids are submitted, an auction would be held within approximately one week of the bid deadline. A court hearing approving the sale to the winning bidder is expected to be held within approximately two months, with a final closing to occur several months later, after the Commission has had an opportunity to review and approve the interim casino license application of the winning bidder.
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