Has the Rio Las Vegas been sold?

Published by Charlie Davidson on

Has the Rio Las Vegas been sold?

Dreamscape bought Rio from Caesars Entertainment Inc. for $516 million in a deal announced September 2019. Under terms of the sale agreement, Caesars will operate Rio and pay rent to Dreamscape through December 2023 at the latest.

Will the Rio be demolished?

It’s true that Caesars Entertainment sold the Rio. At the time, Dreamscapes, which “acquires, repositions, and/or develops hospitality, residential, retail, gaming and entertainment assets,” said that the future of the Rio will not include tearing it down and building a baseball stadium.

Who bought the Rio Casino in Las Vegas?

Dreamscape Partners
Dreamscape Partners purchased Rio from Caesars Entertainment in December 2019, with a sale agreement that had Caesars operating the property for at least two years. Now Dreamscape and Hyatt Hotels are partnering on the multi-phase redevelopment.

How far is Rio Las Vegas from the strip?

Located on West Flamingo Road, Rio is about a five-minute cab ride or pleasant 20-minute walk from the Strip. The hotel is practically in Caesars’ backyard, only separated by the Las Vegas Freeway.

What kind of entertainment does Rio Las Vegas have?

Rio Las Vegas shows and entertainment includes magic, comedy, adult and variety. The Comedy Cellar comedians will leave you laughing, and the acclaimed magic show Penn & Teller keeps you guessing. Showgoers wanting a true Sin City experience can get rowdy at Chippendales male revue.

What to eat at the Rio in Las Vegas?

Las Vegas Restaurants At The Rio. Work up an appetite and feast on one of the many tantalizing Las Vegas restaurants at The Rio, where overindulgence is highly encouraged. Satisfy your taste buds at the Carnival World & Seafood Buffet, along with dining options specializing in seafood, Chinese and steak.

Where to get Smashburger at Rio Las Vegas?

Smashburger is now at the Rio Hotel & Casino! These handcrafted burgers are smashed, seared and seasoned to order, using fresh, never frozen 100% Certified Angus Beef®. Located in Masquerade Village.

Is the Rio Hotel in Las Vegas Open?

Rio Las Vegas is now open. Be prepared and view our Health and Safety Protocols, including our mask policy

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