New owners took over the Rio earlier this month and they’re quickly moving to make their mark on the off-Strip resort.
Dreamscape Companies took over operations on Oct. 2 and are working on several projects as part of a previously announced “multi-year redevelopment” of the resort that opened in 1990. The renovations include a full refresh of the 2,500 suites, 150,000 square-foot casino floor, 220,000-square-foot meeting space, and the pool deck.
Several projects are under way. On the exterior, crews are replacing the Panaflex panels iconic marquee on Flamingo Road with three-sided LED screens facing east and west. Building wraps and neon have been removed from the hotel towers’ exterior — including the iconic Penn & Teller wrap — while the Rio team applies a fresh coat of paint and reinstalls new LED neon lights.
