The owner of Circus Circus in Las Vegas says he's mulling a sale of the casino-hotel.Phil Ruffin told the financial magazine Forbes he's ready to sell the histo

Circus Circus hotel-casino in Las Vegas is up for sale, according to a report on Forbes. Phil Ruffin bought the aging casino from MGM Resorts International in 2019 for $825 million. Now he says it’s worth $5 billion and there's interest from buyers, KLAS TV reports.

Famed Las Vegas casino hits the market - and can be yours for $5 billion - The iconic property first opened more than 50 years ago along the Las Vegas Strip

In its early years, Circus Circus was “one of the most notorious Mob haunts on the Strip,” according to a story on The Mob Museum website. The casino’s founder, Jay Sarno, built the resort in part with a Mob-connected $7.6 million Teamsters loan.

In a Friday interview with Forbes, Ruffin revealed he’s planning on selling the garish casino that he bought in 2019. At the time, Ruffin boasted he was going to add a sand-bottom pool and 2,000-seat theater, along with investing $60 million into renovations. But despite some cosmetic improvements, Circus Circus remains largely unchanged.

Phil Ruffin, the owner of Circus Circus and Treasure Island, is exploring the sale of Circus Circus, the 56-year-old casino-hotel on the north Las Vegas Strip, according to a recent report. Ruffin, who acquired the property from MGM Resorts in 2019 for $825 million, values the 102-acre site at approximately $5 billion.

Billionaire casino owner Phil Ruffin is looking to sell Circus Circus, according to a weekend report on Forbes.com.

Owner Phil Ruffin told Forbes that there’s interest from buyers to sell the Las Vegas Strip property. He said the hotel and casino is worth $5 billion. MGM sold Circus Circus to Ruffin in 2019. The sale was worth $825 million that year.

Circus Circus, the venerable 56-year-old north Strip resort that caters to families and low-budget visitors, may soon be sold by owner Phil Ruffin, according to a published report.