Companies · Lodging and Conventions

Tropicana Las Vegas Hotel & Casino, Inc.

LAS VEGAS · Lodging and Conventions

Diligence memoA one-page analyst read on Tropicana Las Vegas Hotel & Casino, Inc. — recommendation, valuation, rhythm, risks.
$76.3M
Total raised · real
3
Rounds
0.0×
Latest step-up
Top 2%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jan 28 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Tropicana Las Vegas Hotel & Casino, Inc. has raised $76M over 3 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the lodging sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 13.4 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Lodging and Conventions

Tropicana Las Vegas Hotel & Casino, Inc. is one of 514 Lodging and Conventions companies tracked from LAS VEGAS. By capital raised it ranks among the largest (ahead of 99% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries B · 2011-05-03 Raised $35M (real) Modeled valuation $180M (est)$35M$180MSeries B2011Series B · 2011-11-21 Raised $40M (real) Modeled valuation $205M (est)$40M$205MSeries B2011Series B · 2013-01-28 Raised $1.3M (real) Modeled valuation $6.7M (est)$1.3M$6.7MSeries B2013+$40M+$1.3MCumulative $76M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$35.0M · 2011
Series B extension$40.0M · 2011
Series B extension$1.3M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$6.7M
Base estimate est.
$2.9M
Conservative case
$25.7M
Upside case
$7.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the lodging sector profile. Directional, not a quoted figure.

Series B · modeled $179.8M · 2011-05-032011Series B · modeled $205.5M · 2011-11-21Series B · modeled $6.7M · 2013-01-282013
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
60%
Survival probability
40% low · 73% high
1.07×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
13.4 yr actual, capped for stale marks
lodging
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$43.8M/yr
Capital velocity
15.2 yr
On record since
2011
First round
3
Rounds on file
How it compares to the market

Benchmarked against 514 companies in Lodging and Conventions. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 30× above median
This company$76.3M
Sector median$2.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$1.3M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$6.7M
Sector median$10.8M

Raised more than 99% of sector peers (real $). Modeled value above 36% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Dovehill 2, L.P. · Series B Raised $20.0M · modeled $102.9M (est)Pearl District Lodging Associates, Llc · Series B Raised $16.4M · modeled $84.5M (est)AC 811 W Live Oak, LLC · Series B Raised $43.5M · modeled $46.8M (est)Tropicana Las Vegas Hotel & Casino, Inc. (this company) Raised $76.3M · modeled $6.7M (est)Tropicana Las Vegas Hotel & Casino, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dovehill 2, L.P.Series B$20.0M$102.9M1.57×
Pearl District Lodging Associates, LlcSeries B$16.4M$84.5M1.29×
AC 811 W Live Oak, LLCSeries B$43.5M$46.8M0.71×
Tropicana Las Vegas Hotel & Casino, Inc. this companySeries B$76.3M$6.7M0.10×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$35.0M2011-05-03$194.4M$179.8M90%
Series B$40.0M2011-11-21$222.2M$205.5M90%
Series B$1.3M2013-01-28$7.2M$6.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$35.0M2011-05-03
    • First recorded raise — entered as Series B.
  2. Series B$40.0M2011-11-21
    • Came back fast: 7 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
  3. Series B$1.3M2013-01-28
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round 30.8× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q4
Modeled next raise · ~10mo cadence
$1.3M
Modeled next size est.range $1.3M$2.1M
0.0×
Last step-up
$43.8M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Redmond1 other2011-11
Judy Mencher1 other2011-11
Michael Ribero1 other2011-11
Alex Yemenidjian2011-05
Joanne Beckett2011-11
Joanne M. Beckett2011-05
John K. Redmond2011-05
Judy K. Mencher2011-05
Marie M. Ramsey2011-05
Marie Ramsey2011-11
Thomas J. McCartney2011-05
Timothy A.R. Duncanson2011-05
Timothy Duncanson2011-11
Registry & provenance

Tropicana Las Vegas Hotel & Casino, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1479046
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
HRC Hotels, LLCLodging and ConventionsSeries A$28.5M$1.2Msame sector
TownPark Hotel, LLCLodging and ConventionsSeries A$18.2M$20.3Msame sector
Elevation Crested Butte, LLCLodging and ConventionsSeries A$16.8M$9.2Msame sector
Vesta Hotel Fund 2014, LlcLodging and ConventionsSeries A$10.0M$22.0Msame sector
Hospitality Developers Fund, LLCLodging and ConventionsSeries A$9.9M$21.8Msame sector
Concord Wayne Hotel LLCLodging and ConventionsSeries A$9.1M$21.8Msame sector
Nolen Hotel Investment LLCLodging and ConventionsSeries A$8.7M$19.5Msame sector
Lazy J Sporting Club, LLCLodging and ConventionsSeries A$8.0M$21.6Msame sector
Frequently asked
How much funding has Tropicana Las Vegas Hotel & Casino, Inc. raised?
Tropicana Las Vegas Hotel & Casino, Inc. has raised approximately $76.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Tropicana Las Vegas Hotel & Casino, Inc.'s estimated valuation?
Provath's modeled valuation for Tropicana Las Vegas Hotel & Casino, Inc. is approximately $6.7M (modeled range $2.9M–$25.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tropicana Las Vegas Hotel & Casino, Inc. at?
Tropicana Las Vegas Hotel & Casino, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jan 28.
What does Tropicana Las Vegas Hotel & Casino, Inc. do and where is it based?
Tropicana Las Vegas Hotel & Casino, Inc. operates in the Lodging and Conventions sector, based in LAS VEGAS.
Explore related

See where Tropicana Las Vegas Hotel & Casino, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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