🖐 BEST FRIEND BY ROY CHOI, Las Vegas - The Strip - Menu, Prices & Restaurant Reviews - Tripadvisor

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The owner of Las Vegas' Treasure Island and Donald Trump's best friend, says he has enough cash to keep his casinos closed for 20 years.


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Trump was his best man. Forbes takes privacy seriously and is committed to transparency. During a recent city council meeting, Mayor Goodman doubled down on her desire to open the casinos despite having no plan to keep visitors and staff safe. Afterwards, Ruffin brought the future president to see a vacant lot he still owned behind the old Frontier and suggested it would be a great location for a new Trump hotel.

If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! Before dropping out of college, he sold his stake in a hamburger joint he built with a classmate and started a chain of convenience store-gas stations in Oklahoma and Kansas.

Thank you for signing in. Besides, given the prolonged pain that Las Vegas citizens and local business are feeling right now, Ruffin believes that all he needs to do is have patience. When that task force recommends reopening the country, Phil Ruffin will be looking for that next jackpot.

The local economy—one third of which is tied to tourism and the hospitality industry—was strong before the shutdown. As befits a successful casino mogul, Ruffin is known for having the sun shine on him. Ruffin met Trump nearly best friend casino years ago at Trump Tower in Manhattan to best friend casino up a casino-real estate deal.

And like the guests who visit his properties, he is eager to gamble on an undervalued or underfunded property, much as he did during the Great Recession inwhen he bought Treasure Island from a cash-strapped MGM Resorts for less than half its current value.

You may opt out at any time. The government shut us down and our people understand that. InRuffin married Oleksandra Nikolayenko, who is nearly 50 best friend casino his junior and a former Best friend casino Ukraine. Ruffin would sooner step up to the plate in Florida, where he already owns a casino near the Miami airport.

Then he would usually call Donald Trump Jr. I am a staff writer on the vices beat, covering cannabis, gambling and more. This is a BETA experience. Ruffin has his eye on plenty of dirt these days. Edit Story. I'd like to receive the Forbes Daily More info newsletter to get the top 12 headlines every morning.

I have been a staff writer at Inc. Update, April 30, Following publication, a spokesperson for Treasure Island emailed to say that the hotel had decided not to use the UV technology when the property reopens.

While Governor Sisolak ultimately controls when Las Vegas opens back up for business, Ruffin, who is among the business leaders on the president's new economic task forcecould certainly lobby his good friend in the White Best friend casino to lean on the state.

What about sports? As a teenager, he worked for a department store and quit after he was asked to repossess a pet monkey a customer had not paid for. With no revenue, MGM has enough cash to last about 9 months, while Red Rock can survive almost 14 months before running out of cash.

The New York real estate mogul decided to invest and the two built a story, golden glass tower on the Strip, the 1,unit Trump International Hotel.

While Ruffin believes that Governor Sisolak did the right thing by closing the Strip at first, he says staying closed much longer will do more damage to the socioeconomic fabric of the city. Best friend casino governor did that. Nor is Ruffin interested in adding the nearby Tropicana to his portfolio, even though it includes a swath all?

wcoop main event winners answer undeveloped land. Ruffin was not born rich, but he was born with a knack for parlaying one business into another. Caesars also is allowing employees to use accumulated paid time off. We will never share your email address with third parties without your permission.

Ruffin is as much a fatalist as he is a capitalist. Will Yakowicz. Read Less.

Best friend casino advised him not to take ownership of it but he kind of had to.

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Like President Trump, Ruffin is a real estate guy at heart—nothing gets him more excited than an empty plot of land in a good location. Treasure Island and Circus Circus will continue to cover employee health insurance, something the labor union had to negotiate for its members who work at his properties, but neither business is paying employee salaries during the furlough. But Ruffin is most excited about the handheld devices that emit ultraviolet light each guest will be allowed to borrow upon check-in. In , Ruffin invited Trump to dinner in Las Vegas. Hand sanitizer will be available throughout the casinos and every employee will get their temperature checked before each shift and sent home if they appear to be sick. I believe in the many virtues of vices. We have plenty of cash—I could go 20 years, maybe. So, there must be an answer midway: May If Governor Sisolak allows it, Ruffin says he will only open a third of his rooms at first after his properties are thoroughly sanitized and a plan is instituted to keep guests a safe distance from each other at slot machines and in restaurants. I agree to receive occasional updates and announcements about Forbes products and services. Please help us continue to provide you with free, quality journalism by turning off your ad blocker on our site. When asked about the last conversation he had with President Trump , Ruffin says he spoke with him last week. The relationship between the two billionaires was forged through business, but it soon became personal.