TROPICANA EVANSVILLE TO BREAK GROUND ON NEW ENTERTAINMENT COMPLEX JULY 19 

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Evansville, IN (July 11, 2016) – In an ongoing commitment to give
players MORE, Tropicana Evansville will break ground on a new 75,000
square foot entertainment complex Tuesday, July 19, 2016. The new
development will dramatically transform the 21-year-old riverfront
casino property.

“Evansville is the entertainment hub of the entire Tri-State Area. This
extensive expansion project, along with Tropicana’s distinctive service
program, will provide guests with a new and vibrant hospitality
experience,” said John Chaszar, General Manager of Tropicana
Evansville.

The ground breaking event will be held at the construction site from 10
a.m. to 11 a.m. on July 19. Tropicana representatives will gather with
local and state officials and invited guests to officially launch the
construction phase of the land-based entertainment complex.

Joining Chaszar will be Tropicana Entertainment President & CEO, Tony
Rodio; Evansville Mayor, Lloyd Winnecke; and Executive Director of the
Indiana Gaming Commission, Sara Tait. Media representatives are invited
to attend the ground breaking event. Reserved parking will be provided
for media vehicles at the construction site entrance.

The expansion project includes 45,000 square feet of new gaming space,
a yet-to-be-named upscale restaurant and bar, a deli, and a combination
lounge/entertainment venue. The new facility is expected to open in
December of 2017. Visit the live Construction Cam feed at
www.tropevansville.com<http://www.tropevansville.com> to watch the
project take shape.

About Tropicana Evansville

Tropicana Evansville is a $110 million entertainment facility that
includes a 2,700 passenger riverboat casino, a 243 room hotel, a 96
room boutique
hotel<http://www.tropevansville.com/hotels/le-merigot-hotel/>, an
executive conference
center<http://www.tropevansville.com/groups-meetings/facilities-rental/>,
a 1,660 vehicle parking garage and Riverfront Pavilion housing
pre-boarding facilities, retail shops, restaurants and lounge area.

About Tropicana Entertainment
Tropicana Entertainment Inc. (OTCQB: TPCA) is a publicly traded
company that, through its subsidiaries, owns and operates eight casinos
and resorts in Indiana, Louisiana, Mississippi, Nevada, Missouri, New
Jersey and Aruba. Tropicana properties collectively have approximately
5,526 hotel rooms, 8,075 slot positions and 277 table games. The
company is based in Las Vegas, Nevada and is a majority –owned
subsidiary of Icahn Enterprises, L.P. (NASDAQ: IEP).

Alison Nicholson I Advertising Administrator

Tropicana Evansville

421 NW Riverside Drive

Evansville, IN 47708

www.TropEvansville.com<http://www.TropicanaEvansville.com>

o: 812.433.4055 I f: 812.433.4063

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