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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 Sirens of TI was a free nightly show provided by the Treasure Island Hotel and Casino on the Las Vegas Strip in Paradise, Nevada. The show entailed a group of sensual and tempting sirens engaging with a band of renegade pirates led by the infamous Blackbeard. The show closed in 2013. [1]
In calendar year 2008, Treasure Island reported $376M in revenue (down from $431M in 2007) and $101M in EBITDA. [13] Ruffin expressed his lack of concern about buying a casino in a down market, because the TI will have very little debt. Ruffin took complete ownership of the hotel and casino resort in the early morning of March 20, 2009.
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]
The hotel's 1993 implosion was filmed for Treasure Island: The Adventure Begins, a television special promoting Wynn's Treasure Island resort. [306] [307] The implosion is also among other Las Vegas resort demolitions featured during the closing credits of the 2003 film The Cooler. [308]
Treasure Island Resort & Casino. Treasure Island Resort & Casino began as a bingo hall in 1984 called Island Bingo. [5] This building started as a 30,000-square-foot space that seated 1,400 people. [5] Through its time of success it began to grow further into Treasure Island after Congress passed the Indian Gaming Regulatory Act of 1988. [5]
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.
Resort fees brought in $2.47 billion to the hotel industry in 2015. [38] MGM Resorts International stated that, for Las Vegas hotel rooms in 2011, "Our RevPAR (revenue per available room) in the first quarter was up 16%, including resort fees. Excluding resort fees, REVPAR was up 11% in the quarter year-over-year." [48]
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