The property's new owner, Dreamscape Cos., led by New York real estate investor Eric Birnbaum, officially takes over operations Oct. 1, giving Birnbaum plenty of time to make plans for his first foray into Las Vegas.

While ownership of the casino changed awhile back, Caesars Entertainment continued to operate Rio (some would say into the ground). The new owner, Dreamscape, is set to take over on Oct. 1, 2024.