DLA Piper represented real estate investor and Treasure Island owner Phil Ruffin in the US$825 million acquisition of MGM Resorts International's Circus Circus hotel and casino property located on the Las Vegas Strip. The US$825 million purchase price will comprise $662.5 million paid in cash and a $162.5 million note due 2024.

Originally opened in 1968, today the Circus Circus property has 2,300 employees and is home to the Adventuredome (a 5-acre indoor amusement park), a 10-acre RV park, and 37-acre festival grounds. The transaction is expected to close in the fourth quarter of 2019.

Jeff Diener (San Francisco) and included partners Sandra Kellman (Chicago), Casey Sobhani (Los Angeles), Ryan Girnun (Miami), Harriet Lipkin and Rita Patel (both of Washington, DC); and associates Adam Long (Chicago) and Vicente Reyes (San Francisco).