The Rio casino operation, managed by Caesars Entertainment Inc., was acquired from Caesars by Dreamscape in December 2019 for $516 million with an existing Caesars management agreement ending Oct. executives Eric Birnbaum and Thomas Ellis for the Rio and a preliminary finding of suitability for Bowtie Hospitality LLC executives Jeffrey Soffer and Brett Mufson for the Fontainebleau.
The board, meeting in Carson City, recommended approval of the suitability of New York-based Dreamscape Companies Inc. The Nevada Gaming Control Board, in separate unanimous votes, recommended approvals of gaming licenses for top executives of the Rio and north Strip Fontainebleau’s 3,644-room resort. The Rio in August will start a two-phase $350 million renovation of the 2,500-suite resort, which opened in 1990, refreshing all rooms, the casino, many of its food-and-beverage outlets and its pool deck.įontainebleau officials, meanwhile, provided new details about the resort, including plans for entertainment residencies in a 3,800-seat theater, the payment of 7,100 employees on a weekly basis instead of biweekly and a partnership with the nearby Las Vegas Convention Center. Top executives of the off-Strip Rio and the towering Fontainebleau due to open in December gave new details Wednesday on what they have planned for their respective properties.
The Rio, seen in Las Vegas in March 2021.
