If Circus Circus, the iconic north Strip casino, is sold by gaming entrepreneur Phil Ruffin, what could take its place?
That is one of the many questions that erupted last week when Ruffin disclosed that he’s contemplating the sale of the 3,767-room hotel-casino – the 10th largest in Las Vegas and 18th largest in the world.
Ruffin has admitted all along that it’s the 102 acres adjacent to the property that presents an opportunity to sell it all for $5 billion and provide him with enough cash to buy another resort, possibly in Las Vegas.
“This iconic property has been part of the mythos of Las Vegas, from its appearance in ‘Diamonds are Forever’ to the thousands of local children who have grown up going there on field trips,” said Amanda Bellarmino, an assistant professor at UNLV’s William F. Harrah College of Hospitality.