![]() ![]() Ruffin tore out nearly all of MGM's upgrades and replaced them with schlocky, fanny pack tourist traps and eateries. Barely five months later MGM Mirage - at the brink of self-inflicted bankruptcy - sold TI to former New Frontier owner Phil Ruffin for $500 million bucks. ![]() When we last reviewed Treasure Island in July 2008, MGM Mirage had just dumped a ton of money into the place, the end of a five year project that transformed Treasure Island from pirate themed family destination to sleek, new, modern "TI" sex dungeon theme.
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