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Phoenix & Southwest  + Southwest  + Hospitality  | 
Circus Circus may be sold

Circus Circus Owner Teasing Sale

Circus Circus owner Phil Ruffin told Forbes he is considering selling the 56-year-old Strip property. The resort, built to attract families and low-budget visitors is part of 102 acres Ruffin owns, which he says could have a value over $5 billion.

“It’s the best piece of land on the West Coast,” Ruffin said in the Forbes article. “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.”

Ruffin, who also owns Treasure Island, teamed up with Donald Trump to build the non-gaming Trump International Hotel.

Ruffin said he has been approached by buyers to sell the 3,767-room property, but he did not say who the potential buyers are. If he sells Circus Circus, Ruffin told Forbes he will use the proceeds to buy another property, possibly in Las Vegas.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.