phil ruffin
MGM Resorts International Closes Sales of Circus Circus Las Vegas for $825 Million
MGM Resorts International | December 23, 2019
The transaction with an affiliate of Treasure Island owner Phil Ruffin also includes 37 adjacent acres. MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) today announced that it has closed on its sale of Circus Circus Las Vegas and the 37 adjacent acres for $825 million, subject to final purchase price adjustments, to an affiliate of Treasure Island owner Phil Ruffin. The sale is part of the Company's commitment to its asset-light strategy designed to focus on MGM Resorts' core business and maximize value for its shareholders. The purchase price is comprised of $662.5 million in cash and a $162.5 million note due 20...
Radisson Makes Its Debut on the Las Vegas Strip With Treasure Island – TI Hotel & Casino, a Radisson Hotel
Radisson | December 11, 2019
Radisson today announced the debut of Treasure Island - TI Hotel & Casino, a Radisson Hotel at 3300 Las Vegas Boulevard S, Las Vegas, NV. The award-winning resort marks the company's first property on the world famous Las Vegas Strip and features nearly 3,000 rooms with a contemporary style and high-energy atmosphere. With the hotel now part of the Radisson brand, Radisson Rewards members can redeem points for stays when booking on RadissonHotels.com/Rewards and experience exclusive benefits from check-in to check-out. Beginning as early as Q2 2020, members can also begin earning points during their stay. “We are thrilled to welcome...
