Gaming

Dreamscape Raises $850m to Fund Rio Casino Revamp and Invest in Similar Properties

The former Las Vegas home of the World Series of Poker, the Rio All-Suite Hotel & Casino, is getting a major makeover. News emerged Monday that the Rio’s parent company, New York real estate investor Dreamscape Companies, has raised $850m to remodel the resort and invest in similar properties. Bloomberg cited an interview with Dreamscape founder and CEO Eric Birnbaum

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