tropicana casino

Tropicana Entertainment Inc. Announces Agreement with Social Game Developer Ruby Seven Studios

ATLANTIC CITY, NJ (April 13, 2015) – Tropicana Entertainment Inc. (“Tropicana”)
announced today it has entered into a strategic relationship agreement with San Francisco-based
mobile and social games developer Ruby Seven Studios to develop and launch an online social
gaming site. The agreement will allow Tropicana to bring immersive, casino style
branded gaming experiences to its existing customers, and will enable players around the world
to access Tropicana’s free casino style games via mobile, Facebook and personal computers.

“We’re very excited about this venture,” said Tony Rodio, President and CEO of Tropicana.
“We’ve been studying the social gaming sector for some time, and are enthusiastic about the
potential to provide even more entertainment options by pooling Tropicana’s talent for delivering
exciting land-based gaming and entertainment with Ruby Seven Studio’s extensive expertise in
social and mobile game publishing.”

“We chose to partner with Tropicana because, in addition to representing a globally known and
respected brand, Tropicana shares our dedication to delivering fun and entertainment through
exceptional product standards and forward-thinking approaches to customer experience,” said
Michael Carpenter, CEO & Founder at Ruby Seven Studios. “We are already fast at work on
traditional casino style games with unique new twists to engage and entertain existing and future
Tropicana audiences.”

About Tropicana Entertainment

Tropicana Entertainment Inc. is a publicly traded company that, through its subsidiaries, owns
and operates eight casinos and resorts in Indiana, Louisiana, Missouri, Mississippi, Nevada, New
Jersey and Aruba. Tropicana properties collectively have approximately 7,166 employees, 5,525
rooms, 8,035 slot positions and 304 table games. The company is based in Las Vegas, Nevada.
Tropicana is a majority-owned subsidiary of Icahn Enterprises, L.P. (NASDAQ:  IEP). To learn
more about Tropicana, visit our website at Tropicanacasinos.com

About Ruby Seven Studios

Founded in 2012, Ruby Seven Studios is one of the leading social casino publishers on iOS,
GooglePlay, Amazon Kindle and Facebook.   The company is focused on bringing games
designed for traditional casino environments to the free-to-play social casino experience.  Ruby
Seven’s top titles include TimeQuest, Big Spin Bingo, Magician Casino, BlockBuster Slots,
Ruby Seven Video Poker and Fire and Ice Slots.  To learn more about Ruby Seven Studios and
their games, visit rubyseven.com

Cautionary Note Regarding Forward-Looking Statements: This press release contains
statements relating to the Tropicana’s plans, objectives, expectations and intentions, events and
plans that are forward-looking statements. Such statements include, without limitation,
statements regarding the anticipated benefits of entering the social gaming sector and partnering
with Ruby Seven Studios, and the expected advantages for its current and new customers. These
forward-looking statements are based upon assumptions made by Tropicana as of the date of this
press release and are subject to known and unknown risks and uncertainties that could cause
actual results to differ materially from those anticipated. Such risks and uncertainties include,
without limitation, risks relating to Tropicana’s ability to successfully launch and operate a social
gaming website, risks that Tropicana may not realize the anticipated advantages of entering the
social gaming sector, legal and regulatory requirements, and the additional risk factors described
in Tropicana’s filings with the Securities and Exchange Commission. Tropicana expressly
disclaims any duty to provide updates to any forward-looking statements made in this press
release, whether as a result of new information, future events or otherwise.