{"id":167793,"date":"2021-03-18T15:34:22","date_gmt":"2021-03-18T22:34:22","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=167793"},"modified":"2021-03-18T16:04:29","modified_gmt":"2021-03-18T23:04:29","slug":"rio-las-vegas-undergoing-property-transformation","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/","title":{"rendered":"Rio Las Vegas Undergoing Property Transformation, Future of Casino Unknown"},"content":{"rendered":"

The owner of the Rio All-Suite Hotel and Casino in Las Vegas is making over the off-Strip property in a partnership with the Hyatt Hotels Corporation.<\/p>\n

\"Rio
The Rio All-Suite Hotel and Casino west of the Las Vegas Strip is set for an overhaul. The resort’s owners say it will be fully rebranded in a partnership with Hyatt Hotels. (Image: Associated Press<\/em>)<\/figcaption><\/figure>\n

Dreamscape Companies LLC, a residential, retail, hospitality, entertainment, and gaming real estate development firm led by founder and CEO Eric Birnbaum, says a multiphase project will completely overhaul the casino resort. Once finished, the property will feature multiple Hyatt hotels.<\/p>\n

The first phase will renovate part of the Rio into a Hyatt Regency.<\/p>\n

\n

We know Las Vegas is an important destination for our guests, World of Hyatt members, and customers, and this project is a significant step for Hyatt as we continue to grow our brands in markets that matter most to our loyal travelers,” said Kimo Bertram, Hyatt’s vice president of real estate and development.<\/p>\n<\/blockquote>\n

Dreamscape acquired the aging casino resort in December of 2019 for $516.3 million.<\/p>\n

Casino Future Still in Jeopardy<\/b><\/h2>\n

The Las Vegas rumor mill regarding the Rio has been churning hard in recent years. The gossip that received the most flurry was whispered plans that former owner Caesars Entertainment was going to demolish the property<\/a>\u00a0and replace it with a Major League Baseball ballpark.<\/p>\n

However, that field of dreams is not coming to fruition. Instead, Dreamscape and Hyatt say the more than 2,500 rooms will be fully renovated and rebranded. Also being transformed are the resort’s public spaces, including the casino floor, retail shops, food and beverage options, spa, fitness center, and pool complex. <\/strong><\/p>\n

The Brazilian theme will be replaced with a sleek and modern feel provided by Hyatt and its portfolio of brands.<\/p>\n

Hyatt Regency is one of the hotelier’s first brands. In Las Vegas, the Hyatt Regency will come with 1,501 rooms. The remaining Rio rooms will “be branded or affiliated with one or more other Hyatt full-service brands after they are renovated,” the Rio press release explained.<\/p>\n

\n

What the release did not reveal is whether casino gambling will remain once the resort’s conversion is fully complete. In January, Birnbaum and Dreamscape partner Thomas Ellis received preliminary approval of suitability to own a casino by the Nevada Gaming Commission.<\/p>\n<\/div>\n

In today’s announcement, Birnbaum said the goal of the redevelopment is to provide “long-term financial and cultural value.”<\/p>\n

When Dreamscape purchased the Rio, it reached a deal with Caesars to allow the casino operator to lease the gaming operations for $45 million annually. The contract runs for two years.<\/p>\n

Rio History<\/b><\/h2>\n

Developed by Marnell Corrao Associates, the Rio opened in January of 1990. It was designed with locals in mind.<\/p>\n

The property was purchased nine years later by Harrah’s Entertainment — which would later become Caesars Entertainment — for $888 million.<\/p>\n

Penn & Teller have been the resort’s entertainment headliners for the past two decades. Caesars’ World Series of Poker (WSOP) has also been hosted annually at the casino since 2005.<\/p>\n

\n

Despite its rich past, the Rio has been allowed to lose its luster. The casino has generated plenty of negative reviews<\/a> in recent years, and has been panned by many WSOP players.<\/p>\n<\/div>\n

Poker pro Joe Sal said in 2019 that he was robbed at gunpoint after leaving a WSOP event at the Rio. Another player, Geoff Hunter, said he, too, was robbed at the Rio at gunpoint that same year.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

The owner of the Rio All-Suite Hotel and Casino in Las Vegas is making over the off-Strip property in a partnership with the Hyatt Hotels Corporation. Dreamscape Companies LLC, a residential, retail, hospitality, entertainment, and gaming real estate development firm led by founder and CEO Eric Birnbaum, says a multiphase project will completely overhaul the […]<\/p>\n","protected":false},"author":25,"featured_media":167802,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,33810],"tags":[],"acf":[],"yoast_head":"\nRio Las Vegas Casino Resort Undergoing Property Transformation<\/title>\n<meta name=\"description\" content=\"The owner of the Rio All-Suite Hotel and Casino off the Las Vegas Strip is making over the property in conjunction with Hyatt Hotels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rio Las Vegas Casino Resort Undergoing Property Transformation\" \/>\n<meta property=\"og:description\" content=\"The owner of the Rio All-Suite Hotel and Casino off the Las Vegas Strip is making over the property in conjunction with Hyatt Hotels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T22:34:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-18T23:04:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"674\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/\",\"url\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/\",\"name\":\"Rio Las Vegas Casino Resort Undergoing Property Transformation\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg\",\"datePublished\":\"2021-03-18T22:34:22+00:00\",\"dateModified\":\"2021-03-18T23:04:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"The owner of the Rio All-Suite Hotel and Casino off the Las Vegas Strip is making over the property in conjunction with Hyatt Hotels.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg\",\"width\":1200,\"height\":674,\"caption\":\"The Rio All-Suite Hotel and Casino west of the Las Vegas Strip is set for an overhaul. The resort's owners say it will be fully rebranded in a partnership with Hyatt Hotels. (Image: Associated Press)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Rio Las Vegas Undergoing Property Transformation, Future of Casino Unknown\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Rio Las Vegas Casino Resort Undergoing Property Transformation","description":"The owner of the Rio All-Suite Hotel and Casino off the Las Vegas Strip is making over the property in conjunction with Hyatt Hotels.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/","og_locale":"en_US","og_type":"article","og_title":"Rio Las Vegas Casino Resort Undergoing Property Transformation","og_description":"The owner of the Rio All-Suite Hotel and Casino off the Las Vegas Strip is making over the property in conjunction with Hyatt Hotels.","og_url":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-03-18T22:34:22+00:00","article_modified_time":"2021-03-18T23:04:29+00:00","og_image":[{"width":1200,"height":674,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/","url":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/","name":"Rio Las Vegas Casino Resort Undergoing Property Transformation","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg","datePublished":"2021-03-18T22:34:22+00:00","dateModified":"2021-03-18T23:04:29+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"The owner of the Rio All-Suite Hotel and Casino off the Las Vegas Strip is making over the property in conjunction with Hyatt Hotels.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/32WXKOTLKZCJBJKJYP4EY36JQI.jpeg","width":1200,"height":674,"caption":"The Rio All-Suite Hotel and Casino west of the Las Vegas Strip is set for an overhaul. The resort's owners say it will be fully rebranded in a partnership with Hyatt Hotels. (Image: Associated Press)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/rio-las-vegas-undergoing-property-transformation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Rio Las Vegas Undergoing Property Transformation, Future of Casino Unknown"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/167793"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=167793"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/167793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/167802"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=167793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=167793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=167793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}