The Mysterious Ownership of Aquarius Casino: Unveiling the Power Behind the Scenes

Aquarius Casino, nestled in the heart of Las Vegas, has long been a symbol of luxury and entertainment. But who owns this iconic establishment? This article delves into the enigmatic ownership of Aquarius Casino, revealing the names behind the curtain.

The Aquarius Casino, a 1,200-room hotel and casino, was opened in 1964 by Benny Binion and Moe Dalitz. Since then, it has undergone several transformations, including a renovation in 2009. Despite its rich history, the identity of its current owner remains a mystery to many. In this article, we will explore the various theories and speculations surrounding the ownership of Aquarius Casino.

1. The Binion Family

One of the most popular theories about the ownership of Aquarius Casino is that it is still owned by the Binion family. Benny Binion, the founder of the casino, was a prominent figure in the Las Vegas Strip. After his death in 1989, his son, Benny Binion Jr., took over the reins of the family business. However, there is no concrete evidence to suggest that the Binion family still owns the casino.

2. Sheldon Adelson

Another speculation is that the casino is owned by Sheldon Adelson, the controversial billionaire who founded the Las Vegas Sands Corporation. Adelson is known for his vast empire of casinos and resorts across the globe. However, there is no official confirmation of this claim, and it remains just a theory.

3. A Secret Ownership Group

Some believe that the ownership of Aquarius Casino is shrouded in secrecy, with a mysterious group of investors holding the reins. This theory suggests that the casino is owned by a group of high-profile individuals who prefer to remain anonymous. While this is a plausible explanation, it is difficult to verify without concrete evidence.

4. MGM Resorts International

Another potential owner of Aquarius Casino is MGM Resorts International. The company owns several other iconic casinos in Las Vegas, including the Bellagio and The Mirage. However, there is no public record indicating that MGM Resorts International has acquired Aquarius Casino.

5. A Private Equity Firm

Lastly, some speculations suggest that Aquarius Casino is owned by a private equity firm. These firms often invest in various industries, including the gaming industry. While it is possible that a private equity firm owns the casino, there is no concrete evidence to support this claim.

Now that we have explored the various theories surrounding the ownership of Aquarius Casino, let's delve deeper into the reasons behind the secrecy.

1. Why is the ownership of Aquarius Casino a mystery?

The ownership of Aquarius Casino remains a mystery due to a combination of factors, including the secretive nature of the gaming industry and the desire of the current owner(s) to maintain privacy.

2. How has the ownership of Aquarius Casino affected its operations?

The lack of transparency in the ownership of Aquarius Casino has had minimal impact on its operations. The casino continues to provide top-notch entertainment and amenities to its guests, regardless of who owns it.

3. Has the ownership of Aquarius Casino ever changed?

Yes, the ownership of Aquarius Casino has changed hands several times since its inception in 1964. The casino has been owned by various individuals and companies over the years.

4. Can the public ever know the true owner of Aquarius Casino?

It is possible that the public may never know the true owner of Aquarius Casino. The gaming industry is known for its secretive nature, and some owners prefer to maintain their privacy.

5. How does the ownership of Aquarius Casino affect the Las Vegas Strip?

The ownership of Aquarius Casino has had minimal impact on the Las Vegas Strip. The Strip is home to numerous casinos, and Aquarius Casino is just one of the many establishments that contribute to its vibrant atmosphere.

In conclusion, the ownership of Aquarius Casino remains a mystery, with various theories and speculations surrounding its true owner. While the lack of transparency may be frustrating for some, it has had minimal impact on the casino's operations and the Las Vegas Strip as a whole. Whether the true owner is a family, a private equity firm, or a secret group of investors, one thing is certain: Aquarius Casino will continue to be a beacon of entertainment and luxury in the heart of Las Vegas.

Questions and Answers:

1. Q: Is there any evidence that the Binion family still owns Aquarius Casino?

A: There is no concrete evidence to suggest that the Binion family still owns the casino.

2. Q: Has Sheldon Adelson ever confirmed owning Aquarius Casino?

A: No, Sheldon Adelson has never confirmed owning Aquarius Casino.

3. Q: Can a private equity firm own a casino in Las Vegas?

A: Yes, a private equity firm can own a casino in Las Vegas, as long as it complies with the gaming regulations and laws of the state.

4. Q: How does the ownership of Aquarius Casino affect its guests?

A: The ownership of Aquarius Casino has had minimal impact on its guests, as the casino continues to provide top-notch entertainment and amenities.

5. Q: Is it possible for the public to find out the true owner of Aquarius Casino?

A: It is possible, but unlikely, for the public to find out the true owner of Aquarius Casino, as the gaming industry is known for its secretive nature.