Casino mogul Phil Ruffin enters Florida gaming space, acquires budding property from Fronton Holdings, LLC.
Casino Miami, a Fronton Holdings, LLC property, has been fully- acquired by renowned Las Vegas-based casino mogul and businessman, Phil Ruffin.
The 200,000 square-foot establishment, on 21 developable acres, is located at 3500 NW 37th Ave., Miami, Fla. 33142. It currently boasts 1,000 slot machines and is licensed to hold 2,000. As part of the acquisition, Casino Miami’s nearly 150 employees will be retained, and the property’s name will remain the same.
“I look forward to entering the Miami gaming market through this acquisition,” said Ruffin. “We have exciting plans for Casino Miami that we will be revealing in the near future.”
Dave Jonas, President of Fronton Holdings, LLC added, “We are proud of what Casino Miami has become and thank all of our employees and customers for their loyalty and support. We look forward to watching Casino Miami’s continued development under the new ownership of Phil Ruffin.”
Located less than 20 minutes from Downtown Miami, Casino Miami features state-of-the-art, Vegas-style machines and an electronic table game area, with digital blackjack and roulette offerings. The multifaceted property also has a live entertainment space (Club Rio), bar (Whiskies), café dining area, live jai-alai games and simulcast betting.
The acquisition builds on Ruffin’s legacy in and beyond the gaming space, with current holdings including Treasure Island Hotel and Casino on the Las Vegas Strip.