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Flooding Closes Lighthouse Point and Jubilee Casinos

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PRESS RELEASE

May 04, 2011

Tropicana Entertainment Inc. announced today that it will be temporarily closing its Lighthouse Point and Jubilee Casinos, both in Greenville, Mississippi, due to the rising water levels of the Mississippi River. The Lighthouse Point Casino will close Thursday, May 5th, 2011, at Midnight and the Jubilee Casino will close Friday, May 6th, 2011, at Midnight. The re-opening date of the casinos will be determined at a future time based on the conditions of the river.

Interim Chief Executive Officer Daniel Ninivaggi said, "The safety of our employees and guests are of the utmost importance to us so we are taking proactive steps to ensure their safety. Throughout these very critical times, we will be actively monitoring the situation and working with local and state government as well as the Mississippi Gaming Commission throughout this time."

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