Treasure Island owner may have eyes on The Mirage
Apparently, Treasure Island owner Phil Ruffin still has an active shopping list for properties owned by MGM Resorts International.
Ruffin reportedly wants to buy The Mirage, which is adjacent to Treasure Island.
Ruffin, who is from Kansas, told the Wichita Eagle he discussed a deal with executives from the rival casino operator, the same company that sold him Treasure Island in 2009 for $775 million.
“We approached them, and they don’t have anything on the market,” Ruffin told the Wichita Eagle.
The Mirage, Ruffin said, “hooks onto my casino here. They kind of go together.”
Ruffin also made an offer on MGM Resorts’ Beau Rivage in Biloxi, Miss.
Ruffin couldn’t be reached for comment. A spokeswoman for Treasure Island said Ruffin is not looking at any additional casino acquisitions.
Ruffin told the Wichita Eagle he’s done shopping, for now.
“It’s hard to buy them when they’re not for sale,” Ruffin said. “And you never want to chase a deal. You’ll pay too much when you start.”