Treasure Island was developed by casino owner Steve Wynn through his company called, Mirage Resorts. Project designers included Jon Jerde and Joel Bergman.
Steve announced Treasure Island in October 1991, and construction began four months later. The resort opened on October 26, 1993, and was among several family-oriented resorts to open in Las Vegas during the 1990s, taking advantage of the growing tourist demographic. Its facade was built with a lagoon containing two pirate ships. Free pirate battles were also performed daily for spectators over the next two decades.
Who Owns Treasure Island Casino?
Treasure Island Hotel and Casino is owned by Phillip Gene Ruffin, an American businessman, who also owns the Circus Circus Hotel & Casino in Las Vegas, in addition to a number of other enterprises including casinos, hotels, oil production, convenience stores, real estate, greyhound racing tracks, and the world’s largest manufacturer of hand trucks.
Ruffin is also a business partner of former United States President Donald Trump, with whom he co-owns the Trump International Hotel Las Vegas. On the Forbes 2019 list of the world’s billionaires, Ruffin was ranked No. 838 with a net worth of US $3.1 billion.