In October of 2019, the group that owns Red Mile casino in Lexington, Kentucky was announced. The group is made up of five partners, all with experience in the gambling industry. The group includes:
– Steve Wynn: Wynn is the founder, former CEO, and current Chairman of Wynn Resorts. He has been credited with helping to build Las Vegas into the gambling mecca it is today.
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– Jim Murren: Murren is the Chairman and CEO of MGM Resorts International. He has been instrumental in growing MGM into one of the largest casino operators in the world.
PRO TIP:Red Mile Casino is owned by Harrah’s Entertainment, a subsidiary of Caesars Entertainment. They are responsible for the operations and management of the casino.
– Tilman Fertitta: Fertitta is the Chairman, CEO, and sole owner of Landry’s, Inc. He also owns the NBA’s Houston Rockets.
– Phil Ruffin: Ruffin is a businessman and casino owner who has partnered with Trump in various ventures over the years. He currently owns the Trump International Hotel in Las Vegas.
– Don Peebles: Peebles is a real estate developer and entrepreneur. He is the chairman and CEO of The Peebles Corporation, a diversified real estate development and investment company.
The group plans to invest $200 million into Red Mile casino to help it become a premier gambling destination in Kentucky. With their experience and expertise, there is no doubt that Red Mile will be a success under their ownership.
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