Phil Ruffin Las Vegas Billionaire is now gambling on a new city. He owns the Treasure Island Hotel and Casino in vegas and a number of other business bought Casino Miami, a 21 acre casino near Miami International Airport at 3500 northwest 37th Avenue, according to a recent press release.
The 200,000 square foot facility includes 1,000 slot machines with a license to hold up to 2,000 an electronic table game area with digital blackjack and roulette, a club, bar, restaurant and betting.
He said in a statement, “He looks forward to entering the gaming markets with this deal and expects to unveil plans for the property soon. It will remain same Casino Miami. He paid cash for the property, but declined to disclose a purchase price. He said he is thinking to build a hotel on the site.
Ruffin by Purchasing a operating casino, he is bypassing a new florida law that requires any further gambling facility not located on tribal land be approved by 60% of Florida Voters.
Ruffin also co-owns the Trump International Hotel in Las Vegas with President Trump is worth an estimated a $2.5 billion. He has his hands in a number of hotel, casino, racing track and oil production and other industries.