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Treasure Island Hotel and Casino (also known as Treasure Island Las Vegas and "TI") [1] is a pirate-themed hotel and casino located on the Las Vegas Strip in Paradise, Nevada, U.S. It includes 2,885 rooms and a 47,927 sq ft (4,452.6 m 2) casino. The resort is owned and operated by businessman Phil Ruffin.
The Mirage-Treasure Island Tram is a temporarily closed 1,000-foot-long (300 m) people mover connecting the adjacent Las Vegas Strip casinos The Mirage and Treasure Island. [2] The tram took about 90 seconds to go from one end to the other, and was free to ride. [3] The tram opened in 1993 along with the opening of the Treasure Island casino. [4]
Hotel32 was removed, and the top four floors of the tower were rebranded as NoMad Las Vegas, a new hotel-within-a-hotel. Park MGM includes a 76,982-square-foot (7,200 m 2 ) casino and 2,700 rooms, not counting another 293 at NoMad, which brings the total to 2,993.
The current Gilley's is located on the Las Vegas Strip on the Treasure Island property. The dining area includes table service and a bar, seating 124 people in total. They are separated from the dance hall by sliding glass walls. [1] There is an open kitchen. [4] There is a patio that overlooks the Strip. [5] The walls are made of wood planks.
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The negotiated price was $600 million in cash and $175 million in secured notes. [12] Ruffin estimates that to build a casino like Treasure Island from the ground up would cost $2.7 billion. In calendar year 2008, Treasure Island reported $376M in revenue (down from $431M in 2007) and $101M in EBITDA. [13]
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The first reported non-Native American visitor to the Las Vegas Valley was the Mexican scout Rafael Rivera in 1829.[10] [11] [12] Las Vegas was named by Mexicans in the Antonio Armijo party, [4] including Rivera, who used the water in the area while heading north and west along the Old Spanish Trail from Texas.