The real estate trust holding the land under the former Tropicana hotel-casino said it would not be footing the full bill for an envisioned resort project at the site, an indication that its gaming partner may require additional backing to make the deal work.

Gaming & Leisure Properties Inc., owner of the 35-acre parcel of land at the south end of the Las Vegas Strip where the Trop once stood, told analysts Friday it would be open to investing in certain segments of Bally’s Corp.’s proposed casino complex , but stopped short of committing to broader construction financing.

“It is unlikely that we will finance the entire project, but there are elements of that, profit-making elements, that I think we could participate in,” Peter Carlino, chairman and CEO of GLPI, said Friday morning durin

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