Last time, we talked about the beginnings of the Circus Circus, which turns fifty this year. Now it’s a success story. At first, it wasn’t. Let’s look at its evolution.The Circus Circus opened in October 1968. Its guiding force, Jay Sarno, had all kinds of financial problems and eventually had to give up control of it, briefly. But in 1971, he got what he needed to turn it around: a loan from the Teamsters Central States Pension Fund to build a hotel. It would be fifteen stories and more than four hundred rooms.
