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Phil Ruffin, the well-known Casino mogul and businessman, has bought Casino Miami, a Fronton Holdings property located in Florida, US.
The property is spread over 200,000 sq.ft and is located on 21 developable acres. It has license to operate 2,000 slot machines, though currently there are only 1,000. As part of the acquisition, Casino Miami’s nearly 150 employees will be retained and the property’s name will remain the same.
“I look forward to entering the Miami gaming market through this acquisition,” said Ruffin. “We have exciting plans for Casino Miami that we will be revealing in the near future.”
Dave Jonas, president of Fronton Holdings, added: “We are proud of what Casino Miami has become and thank all of our employees and customers for their loyalty and support. We look forward to watching Casino Miami’s continued development under the new ownership of Phil Ruffin.”
The casino features Vegas-style machines and an electronic table game area, with digital blackjack and roulette offerings. The multifaceted property also has a live entertainment space called Club Rio, a bar called Whiskies, a café dining area, live jai-alai games and simulcast betting.
This acquisition adds to Ruffin’s current holdings, which includes Treasure Island Hotel and Casino on the Las Vegas Strip.
Source: Latest News on European Gaming Media Network
