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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.
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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] Ruffin expressed his lack of concern about buying a casino in a down market, because the TI will have very little debt.
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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 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]