Billionaire Phil Ruffin is looking to sell Circus Circus and its prime real estate on the north end of the Las Vegas Strip, he told Forbes in an interview published [Friday].
Ruffin bought the property for $825 million in late 2019, just over $1 billion in today’s money, and told the magazine it’s now worth $5 billion. He added that “there is interest” in the property.
“It’s the best piece of land on the West Coast,” he said. “It’s got the highway, it’s got the Sahara, it’s got 2,000 feet on the Strip, and it’s the last Strip property. And 102 acres is just a massive amount of land — you can almost build a city on it.”
