A significant change in ownership and leadership has taken place at Rio Las Vegas as Kennedy Lewis Investment Management has moved into the position of majority owner. Dreamscape Companies, which initially purchased the property from Caesars Entertainment in 2019, has transitioned into a minority ownership role. This shift in the corporate structure has resulted in an immediate and substantial shake up of the executive team at the resort. The ownership transition involved buying out former minority stakeholders, including longtime casino executive Bill McBeath. Following the change in control, several high ranking officials have departed the organization. Among those no longer…

Rio Las Vegas secured ten honors in the Las Vegas Review-Journal 2025 Best of Las Vegas awards. The resort earned three gold, three silver, and four bronze medals across several categories including entertainment, dining, and nightlife. This recognition comes during an extensive multi-phase transformation of the property, which is located just off the main Las Vegas Strip. In the entertainment sector, the acrobatic production WOW – The Vegas Spectacular took home the gold award for Best Acrobatic Show. The long-standing magic act Penn and Teller also received a gold award for Best Magic Show. The Empire Strips Back, a newer…