{"id":8533,"date":"2025-01-22T10:42:45","date_gmt":"2025-01-22T10:42:45","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/22\/phil-ruffin-considers-selling-circus-circus-for-5-billion\/"},"modified":"2025-01-22T10:42:45","modified_gmt":"2025-01-22T10:42:45","slug":"phil-ruffin-considers-selling-circus-circus-for-5-billion","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/22\/phil-ruffin-considers-selling-circus-circus-for-5-billion\/","title":{"rendered":"Phil Ruffin Considers Selling Circus Circus for $5 Billion"},"content":{"rendered":"<div>\n<p>The sale of Circus Circus, a historic casino-hotel on the north Las Vegas Strip, is being considered by Phil Ruffin, the owner of both Treasure Island and Circus Circus. Ruffin is reportedly worth about $5 billion for the 102-acre property.<\/p>\n<p>Ruffin, who purchased Circus Circus from MGM Resorts in 2019 for $825 million, plans to reinvest proceeds from the sale into acquiring another Strip property. Highlighting the land\u2019s strategic significance, Ruffin explained, <em>\u201cIt\u2019s the best piece of land on the West Coast. It\u2019s got the highway, the Sahara, 2,000 feet on the Strip, and 102 acres is a massive amount of land \u2014 you can almost build a city on it.\u201d<\/em><\/p>\n<p>This approach aligns with his earlier success with the Frontier property, which he bought for $165 million and sold for $1.2 billion. Ruffin emphasized the importance of land in his investment strategy, stating, <em>\u201cWhy do you think I bought Circus Circus? For the 102 acres. That\u2019s the land play.\u201d<\/em><\/p>\n<h2>Development Opportunities and Future Prospects<\/h2>\n<p>Circus Circus, known for its family-friendly offerings like the Adventuredome amusement park and live circus acts, has been a staple of Las Vegas since its 1968 opening. The property caters to budget-conscious visitors, offering affordable dining options and attractions.<\/p>\n<p>The potential sale comes amid increased development activity on the north Strip. Nearby projects include a 2,605-unit hotel and condo complex, an 18,000-seat arena, and the expanded West Hall of the Las Vegas Convention Center. However, neighboring properties such as Resorts World Las Vegas and Fontainebleau are contending with financial challenges.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Ruffin\u2019s next move may involve another Strip acquisition or ventures in other states. Potential targets include a $200 million racino project in Wichita, Kansas, and Casino Miami in Florida. <em>\u201cI have my eyes on some properties. It could be in another town if it\u2019s good enough,\u201d<\/em> Ruffin noted.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/phil-ruffin-considers-selling-circus-circus-for-5-billion\/\">Phil Ruffin Considers Selling Circus Circus for $5 Billion<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The sale of Circus Circus, a historic casino-hotel on the north Las Vegas Strip, is being considered by Phil Ruffin, the owner of both Treasure Island and Circus Circus. Ruffin is reportedly worth about $5 billion for the 102-acre property. Ruffin, who purchased Circus Circus from MGM Resorts in 2019 for $825 million, plans to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8533","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8533"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8533\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}