Treasure Island Hotel and Casino in Las Vegas is owned by businessman Phil Ruffin. He purchased the property from MGM Mirage (now MGM Resorts International) in 2009 for approximately $775 million
. Ruffin's ownership is through Ruffin Acquisition, LLC, which is wholly owned by him
. Treasure Island is notable for being one of the few Las Vegas Strip resorts owned by an individual rather than a corporation
