Atlantic City - Tropicana Casino and Resort will freeze the pay of top-earning employees and may lay off more than 100 dealers in a series of belt-tightening measures at the troubled gaming hall. Employees making at least USD 50,000 will not receive a pay increase this year, while lower-earning workers will see their raises capped at a maximum of 2 percent, Tropicana President Mark Giannantonio said.

Bankrupt Tropicana Entertainment said it has asked for court permission to split into two operations under one management group. The privately held company said if its plan receives approval from its creditors and the court, it would divide along the lines of loan structures currently in place. Tropicana, which owns the famed Tropicana casino in Las Vegas, as well as other properties in smaller markets, filed for Chapter 11 protection last May.

Las Vegas - Tropicana Entertainment LLC said Tuesday it has submitted a reorganization plan that would break its ties to a Kentucky businessman and separate its Las Vegas casino into a company apart from its other properties. Tropicana filed for Chapter 11 protection in U.S. Bankruptcy Court in Delaware in May, listing assets of USD 2.8 billion and liabilities of USD 3.3 billion.