Billionaire Phil Ruffin is planning to sell Circus Circus, a property he bought in 2019, citing the 102 acres of land as a strategic play.
Despite some cosmetic improvements since his purchase, Ruffin admits that Circus Circus remains largely unchanged, as he primarily bought the land.
Circus Circus is located at the quieter northern end of the Strip, lacking the vibrancy seen at the center, making it less appealing to visitors.
Ruffin believes Circus Circus is worth $5 billion, and with an NBA arena proposed nearby, he sees this as an opportune time to sell.
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