The Treasure Island Casino is located on the Las Vegas Strip in Nevada. It is owned and operated by Phil Ruffin, who also owns the New Frontier Hotel and Casino.
The casino opened on October 28, 1993, with the resort opening a year later. The Treasure Island Hotel & Casino is currently the 9th largest hotel in the world by number of rooms and is the 26th largest hotel in the United States.
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The casino is located on 86 acres (35 ha) of land, with 30 acres (12 ha) of it being used for the parking lot. The casino has 3,000 slot machines and 143 gaming tables.
PRO TIP:The Treasure Island Casino in Las Vegas is owned by Phil Ruffin, a billionaire from Kansas. He purchased the casino in 2009 from MGM Mirage.
The property also includes a 1,200-seat showroom, a five-acre lagoon, a beach club, and a 37,000 sq ft (3,400 m2) night club.
The Treasure Island was originally owned by Mirage Resorts from 1993 until 2000. In 2000, it was sold to TI Investments for $755 million.
Ruffin bought the Treasure Island Hotel & Casino from TI Investments for $600 million on March 23, 2009. He then undertook a $100 million renovation of the property which was completed in August 2009.
Ruffin has said that he may sell the Treasure Island Hotel & Casino in the future if he can get the right price for it. He has also said that he would consider constructing another hotel on the property if he believed there was enough demand for it.
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