Moulin Rouge Las Vegas Sold to Australian Group

This story was published more than 1 year ago.

Historic Las Vegas casino Moulin Rouge has been sold to an Australian betting company, who'll likely look to develop the site moving forward.

The property was purchased BBC Capital out of Australia, who's working with RAH Capital to help hold the company's interest in the site. RAH has previously purchased 11.3 acres of land adjacent to the casino, for which they paid $3.1 million while also taking responsibility for $2 million in liens tied to removing material from the site.

The Moulin Rouge was a historic casino, having been the first racially desegregated casino in Las Vegas. The property also paved the way for other casinos on the strip allowing groups of all races to gamble together. Over the years though, the property has become less popular, and the casino went into receivership in 2013. Despite that, the Moulin Rouge retained its gaming license and is primed for a comeback.

It'll certainly be interesting to see what BBC Capital does with the property and whether they can restore the sheen to an iconic American casino property.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.