Circus Circus on Las Vegas Strip may have buyer - Las Vegas Review-Journal
Circus Circus on Las Vegas Strip may have buyer - Las Vegas Review-Journal Circus Circus on Las Vegas Strip may have buyer - Las Vegas Review-Journal Posted: 23 Sep 2019 11:28 AM PDT Fourteen years after acquiring the family-friendly Circus Circus, MGM Resorts International is in talks to sell the property to TI owner Phil Ruffin. Ruffin and MGM reached a handshake agreement on Sept. 12 for Ruffin to buy the hotel-casino, along with the Las Vegas Festival Grounds parcel, a multi-use entertainment venue on the southwest corner of Las Vegas Boulevard and Sahara Avenue, according to a person familiar with the negotiations. Talks with other interested buyers ceased on Sept. 13. Neither party has signed paperwork finalizing the sale at this time, according to the source. MGM Resorts was said to have put a $1 billion price tag on the entire hotel and land package, but the sale price for the property has not been revealed. MGM spo