Corporate Hotel Groups: A Guide to Who Owns What in and around Las Vegas
(as of April 7, 2023 — Edited by Mark Sedenquist) All photos by Megan Edwards unless identified with a credit. ***The concept of hotel ownership is undergoing a sea change in Las Vegas, whereas larger real estate ownership corporations are purchasing the underlying real estate assets (building and land) of the major casinos, but the operations of the casino/resort hotel are being retained by the casino operator companies, or by their licensees.***

For example: As of August 2021, VICI Properties has purchased or acquired the assets of MGM Resorts and MGM Growth Properties, LLC for approximately $17.2 Billion. **This deal officially closed on April 29, 2022** (As part of the sale, VICI acquired several MGM Resorts-operated properties along Las Vegas Boulevard including Mandalay Bay, MGM Grand, The Mirage, Park MGM, New York-New York, Luxor and Excalibur.) Day-to-day management of the casinos & hotels is retained by MGM Resorts although technically, MGM Resorts no longer “owns” any of the real estate upon which those properties sit. All such properties now pay rent to VICI Properties and similar such holding companies. VICI Properties now owns “…28 gaming facilities comprising over 47 million square feet and features approximately 17,800 hotel rooms and more than 200 restaurants, bars, nightclubs and sportsbooks…”
–And in another interesting development, by the end of 2022 three separate Indian Nations will be operating in Las Vegas: The San Manuel Band of Mission Indians owning and operating the Palms Casino, the Mohegan Tribal Gaming Authority operates the casino at Virgin Hotels and the Seminole Tribe will operate the Hard Rock Casino on the Strip.
–And there is another REIT (Real Estate Investment Trust) like VICI that owns the real estate of gaming properties. Gaming and Leisure Properties (GLPI) GLPI owns the real estate under the former Tropicana, the M Resort, Cactus Pete’s in Jackpot and Tropicana Laughlin. The bulk of GLPI’s gaming real estate assets are concentrated in the Mid-Atlantic region, the Midwest, and the South with significant holdings in Louisiana and Mississippi.

Affinity Gaming
Silver Sevens Hotel & Casino
Buffalo Bill’s Resort & Casino (Primm)
Primm Valley Resort & Casino (Primm)
Whiskey Pete’s Hotel & Casino (Primm)
Rail City (Sparks)

Apollo Global Management
The Palazzo Las Vegas
The Venetian Las Vegas
The Venetian Expo

Bally’s Corporation
Bally’s Las Vegas (formerly known as the Tropicana Hotel) (Real estate is actually owned by GLPI–see the note above.)

(The) Blackstone Group
The Bellagio (VICI Properties 5%)
The Cosmopolitan of Las Vegas
Hilton Hotels
La Quinta Inns
Mandalay Bay (VICI Properties 50.1%)
MGM Grand (VICI Properties 50.1%)
Motel 6
Wyndham Hotels

Boyd Gaming Corporation
Aliante Casino & Hotel
California Hotel & Casino
Cannery Hotel & Casino
Eastside Cannery Hotel & Casino
Fremont Hotel & Casino
Gold Coast Hotel & Casino
The Orleans Hotel & Casino
Jokers Wild Casino
Main Street Station Hotel & Casino
Nobu Hotel at Caesars Palace
Sam’s Town Hotel & Gambling Hall
Suncoast Hotel & Casino

Caesars Entertainment
Circus Circus (Reno)
The Cromwell
Caesars Palace
El Dorado (Reno)
Flamingo Las Vegas
Harrah’s Las Vegas
Harrah’s Laughlin
Horseshoe Las Vegas (formerly Bally’s Las Vegas)
The LINQ Hotel & Casino
The LINQ Promenade
Paris Las Vegas
Planet Hollywood Resort
Silver Legacy (Reno)
Tropicana (Atlantic City)

DeSimone Gaming (Joseph DeSimone)
The Pass (formerly the Eldorado Casino in Henderson)
Railroad Pass

CIM Group, Inc.
Downtown Grand Las Vegas

Desert Rock Enterprises LLC
Circa Resort and Casino
Golden Gate Hotel and Casino
The D Las Vegas

Ellis Island Casino and Brewery
The Resort on Mt. Charleston

Edward Roski, Jr.
Silverton Hotel Casino

Michael Gaughan
South Point Hotel Casino Spa

Golden Entertainment
Aquarius Casino Resort (Laughlin)
Arizona Charlie’s Boulder
Arizona Charlie’s Decatur
Colorado Belle (Laughlin)
Edgewater Casino Resort (laughlin)
Gold Town (Pahrump)
Lakeside (Pahrump)
Pahrump Nugget Hotel Casino (Pahrump)
PT Taverns, PT Gold, PT’s Ranch, Sierra Gold
Rocky Gap (Maryland)
The Strat

Hard Rock International
Hard Rock Las Vegas (formerly known the Mirage Hotel) Sale was official as of 6 am December 19, 2022.

Heers Family Trust
Tuscany Suites & Casino

(The) Genting Group
Resorts World Las Vegas

Hilfreich Stiftung Foundation
Rampart Casino

IKE Gaming, Inc.
El Cortez Hotel

Imperial Companies
(Also listed as Dreamscape Companies.)
Rio Las Vegas

Jett Gaming LLC
Terrible’s Hotel & Casino (formerly Gold Strike Hotel & Gambling Hall)

Koch Real Estate Investments & Fontainebleau Development
The Fontainebleau Las Vegas — scheduled to open in 2023

Landry’s Restaurants, Inc.
Golden Nugget Laughlin
Golden Nugget Las Vegas

(The) Meruelo Group
Sahara Las Vegas (name announced 06/27/19)
{Trivia: The former name SLS = “style, luxury and service”}

MGM Resorts International
Aria Resort & Casino
Delano Las Vegas
Excalibur Hotel Casino Las Vegas
Luxor Las Vegas
The Mansion at MGM Grand
Nomad Las Vegas
Park MGM Las Vegas
New York-New York Las Vegas Hotel & Casino
The Signature at MGM Grand
Skylofts at MGM Grand
Slots A Fun
Vdara Hotel & Spa

Oyo Homes & Hotels
Oyo Hotel & Casino

Packer, Pascal and Oaktree Capital Management
Alon Las Vegas {former site of the New Frontier} under construction for planned two tower resort.

Penn National Gaming
M Resort Spa Casino Las Vegas

Phil Ruffin
Circus Circus Las Vegas
Treasure Island

Red Rock Resorts
Barley’s Casino & Brewing Company (50% ownership)
Boulder Station Hotel and Casino
Days Inn & Wild Wild West Gambling Hall
Durango Casino & Resort (under construction, to open late 2023)
Green Valley Ranch Resort Casino Spa
Palace Station Hotel & Casino
Red Rock Casino Resort Spa
Santa Fe Station Hotel & Casino
Sunset Station Hotel & Casino
The Greens (50% ownership)
Durango Station (Brand new, to open October 2023)
Wildfire Boulder
Wildfire Lanes & Casino (50% ownership)
Wildfire Sunset
Wildfire Rancho
Wildfire Valley View
Wildfire Anthem
Wildfire Lake Mead

Phil Ruffin & Trump Entertainment Resorts, Inc.
Trump International Hotel Las Vegas

(The) San Manuel Band of Mission Indians
Palms Casino
San Manuel Casino (Highland, California)

(The) Siegel Group Nevada Inc.
Rumor Boutique Hotel
Artisan Hotel Boutique
Gold Spike Hotel & Casino

Starwood Hotels & Resorts
Element Las Vegas Summerlin
The Westin Las Vegas Hotel Casino & Spa
The Westin Las Vegas Resort & Spa – Henderson

Tamares Group
Plaza Las Vegas

TLC Casino Enterprises, Inc. (Terry Caudill)
Binion’s Gambling Hall
Four Queens Hotel & Casino
Skinny Dugan’s Casino & Lounge

Virgin Group Ltd.
Virgin Hotels
Mohegan Sun Casino at Virgin Hotels is owned by Mohegan Gaming & Entertainment

Westgate Resorts
Westgate Las Vegas Resort & Casino (formerly Las Vegas Hilton)

Westin Las Vegas, Inc.
Westin Casuarina

Wynn Resorts, Ltd.
Wynn Las Vegas
Encore