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Big things are in the works at the beleaguered Rio resort.
While ownership of the casino changed a while back, Caesars Entertainment continued to operate Rio (some would say into the ground). The new owner, Dreamscape, is set to take over on Oct. 1, 2023.
Dreamscape wasted no time sharing specifics of its planned $350 million investment in the long-suffering Rio, including photos of what the hotel’s new rooms will look like.
Dreamscape recently ran its plans by the Gaming Control Board. The Gaming Control Board will recommend licensing, and the Nevada Gaming Commission is expected to rubber stamp the approval at its meeting on July 27, 2023.
Dreamscape began working on changes a number of months ago, including plans to turn the Rio’s former buffet space into a food hall, what old-timers refer to as a “food court.”
The Rio’s room renovations will begin with the 1,500-room Ipanema tower. The Masquerade tower will get some love, too, but the process will be phased to try and keep disruption to a minimum.
Along with the $350 million investment in a renovation, Dreamscape said at the Gaming Control Board meeting it will forge a partnership with Hyatt Hotels Corp.
One of the concerns about Rio, other than its diminished reputation in recent years due to neglect (it made no sense for Caesars Entertainment to invest in a resort it was exiting), was its viability given Caesars Entertainment will take its massive database when it vacates the building at the end of the operation agreement.
Hyatt has a girthy database.
The takeover of operations by Dreamscape will be fascinating to watch.
The company has already locked in Penn & Teller with a mutually beneficial four-wall deal. The duo’s contract has been extended through 2026.
Another intriguing element of the Dreamscape overhaul of Rio involves who’s doing it: Marnell Architecture, among others. Marnell was the original developer and owner of the Rio.
So, things are looking up at Rio, and there’s only one nagging bit of awkwardness remaining.
Dreamscape announced in Feb. 2023 it had raised $850 million in capital for its projects, but Rio is getting $350 million.
Given the scope of the Rio facelift, that’s not a lot of money.
We are faced with the reality this telegraphs Dreamscape intends to spruce up Rio and sell it.
It’s not too surprising, especially given Dreamscape is a real estate investment company.
Another hint as to the future of Rio? The former CEO of Cosmopolitan, CEO Bill McBeath, is involved with Rio as a consultant on the project, and we hear his deal involves some equity.
Bill McBeath knows a little something about turning a casino around, as he is said to have made $70 million when the Cosmo sold.
It’s unlikely the Rio will be particularly lucrative to operate, even after a renovation. Its off-Strip location has always been challenging, and Palms is struggling across the street, despite a massive investment ($690 million) by Station Casinos to try and return Palms to its former glory. Palms is maybe generating $25 million a year in EBITDA (earnings before interest, taxes, depreciation and amortization). Palms is now owned and operated by the San Manuel Band of Mission Indians, or possibly the Yuhaaviatam of San Manuel Nation, nobody can really keep track.
Anyway, a leadership shake-up at Palms is anticipated.
The point is Rio is a fixer-upper, not a long-term investment. Rio has far more rooms than Palms, but still.
We don’t care that much about all the inside baseball, though. Rio is sad and any improvements are welcome.
The one twist in the Rio story that could keep Dreamscape from flipping it?
There’s still a chance Rio’s land could be used for the Las Vegas A’s ballpark. No, really. It’s one of several scenarios that could still unfold, especially because Dreamscape offered the Oakland A’s 22 acres for $1.
The stated site (right now) for a new ballpark is Tropicana, but previously the stated site was the Wild Wild West site, and there’s also the possibility the A’s stay in Oakland and the whole thing is moot.
A baseball stadium might not do much for Las Vegas, but it would be a coup for Dreamscape.
Anyway, there’s more to come for the Rio. Even at its worst, Rio is a perfectly fine resort and a $350 million investment is likely to fix a lot of the most visible problems.
Crews have already started prepping the exterior for a fresh coat of paint, and there are more surprises in store, we’re told.
Let’s go, Rio.
The Rio Hotel and Casino is located just off the Las Vegas Strip at 3700 W Flamingo Rd, Las Vegas, NV 89103
Phone Number is (866) 746-7671
Other things of interest at the Rio is the Kiss Memorabilia Store and Kiss Putt Putt , Smashburger , Comedy Club , All American Bar and Grill , etc.
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WALKING TOUR of AGUA CALIENTE CASINO CATHEDRAL CITY outside of Palm Springs
This FlowRider is located on the 6th floor pool deck at Planet Hollywood Resort on the Las Vegas strip. It is open to the public as well as guest.
The price is 35$ for 30 minutes or $25 with a local ID.
There is a trainer as well as stand up flowboards or bodyboards.
Unique Surfing Experience in the Desert: It offers the thrill of catching a wave in the middle of the desert, which is a novel and exciting concept, especially for teens who might not have access to real ocean surfing. This makes it a memorable and unique experience.
Action-Packed and Engaging: Unlike simply lounging by a pool, the FlowRider provides an active and challenging experience. Teens can try bodyboarding or standing up to surf, practicing their balance and skills. This active engagement is often more appealing to teenagers than passive relaxation.
Suitable for Various Skill Levels: Whether they are complete beginners or have some boarding experience, the FlowRider is designed to accommodate different skill levels. Instructors are on hand to guide newbies, and the special impact-absorbing surface minimizes the fear of wiping out, making it approachable. More experienced riders can still enjoy the challenge and try tricks.
Cool Way to Beat the Las Vegas Heat: Summer in Las Vegas can be extremely hot. The FlowRider provides an exhilarating and effective way to cool down and have fun in the water, offering a refreshing escape from the intense temperatures.
Social and Interactive: The FlowRider is often part of a lively pool deck scene. Teens can go with friends, watch each other ride, and share in the excitement, making it a social and interactive activity. There's an element of friendly competition and encouragement.
Convenient Location: Located on the 6th-floor rooftop pool deck of Planet Hollywood, it's easily accessible on the Las Vegas Strip, making it a convenient option for teens staying at or near the hotel.
"Cool Factor": Surfing, even simulated, carries a certain "cool factor" that appeals to teenagers. It's an opportunity to try something a bit more extreme and show off their adventurous side.
While it's important to note that there are age and height requirements (42 inches for bodyboarding and 48 inches for standing up), the FlowRider at Planet Hollywood provides an active, thrilling, and unique water experience that makes it a top choice for teens looking for summer fun in Las Vegas.
This is a great Las Vegas attraction for kids, teens and adults !
Looking for a family-friendly activity in Las Vegas!? Look no further, this action-packed/extreme sport surfing machine is the best way to beat the heat on the Las Vegas Strip.
Leave a comment and Subscribe to help grow the sport of flowboarding around the world.
instagram.com/flowrider13roz
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www.13roz.com
Surf this wave in the city of Las Vegas.
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CITY ISLAND 3 | GAME PLAY
City Island 3 Gameplay 2025 – Build Your Dream Island!
Welcome to City Island 3, one of the most addictive mobile city-building games! In this video, we’re growing our town from a tiny coastal village into a booming metropolis. From building homes and businesses to managing cash flow and keeping citizens happy, watch how our island transforms!
🏗️ Features you'll see:
Real-time building
Unlocking new islands
Leveling up for new challenges
Tips & tricks to expand your city faster
If you’re a fan of SimCity-style games or mobile tycoon builders, you’ll love this walkthrough. Don't forget to like, subscribe, and hit the bell 🔔 for more simulation game content!
🚀 Drop your favorite building type in the comments!
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