Poker Legend Goes All-in with $2.8Million Vegas Rental Buy

- Phil Hellmuth snapped up the late Elaine Wynn’s longtime penthouse condominium at Park Towers, a luxurious high-rise tied to a long time of Las Vegas energy gamers
- Her well-known husband, Steve, as soon as owned a unit in the identical constructing, as did MGM Mirage CEO Terry Lanni
- Hellmuth’s $2.8M buy marks his full relocation to Las Vegas
Poker legend Phil Hellmuth has bought one of many late Elaine Wynn’s longtime Las Vegas residences for $2.8 million. The 2-story, penthouse condominium is situated in Park Towers, the extremely‑luxurious twin‑tower improvement at 1 Hughes Heart Drive, in-built 2000 by Mirage Resorts and developer Irwin Molasky.
Phil Hellmuth bought one in every of Elaine Wynn’s longtime condos in Las Vegas. (Pictures: luxuryestates.com and inset: Michael Tran/Getty)
The constructing has lengthy been related to Las Vegas energy gamers, together with Steve Wynn, who maintained a condominium there throughout his tenure at Wynn Resorts, and Terry Lanni, the late MGM Mirage CEO, who additionally owned a unit.
Hellmuth’s new dwelling spans 4,903 sq. ft with 4 bedrooms and 5 baths. The unit spent 173 days available on the market earlier than promoting for five.1% beneath its $2.95 million asking worth. Park Towers stays one of many valley’s most non-public addresses, identified for concierge service, non-public elevators, a screening room, and wine cellars.
Safety Element
The Park Towers and their pool. (Picture: parktowers.com)
The constructing additionally traditionally appeals to gaming executives and excessive‑internet‑value residents due to its extraordinarily excessive stage of safety — one thing that might have been top-of-mind to Elaine, whose youngest daughter was kidnapped from one other Las Vegas condominium in 1993 by two males posing as supply staff. (Kevyn Wynn, 26, was launched unhurt after her father delivered $1.45 million in money. Her captors have been arrested and prosecuted, and many of the ransom was recovered.)
Park Towers sits simply east of the Strip close to Paradise Street and East Flamingo Street, adjoining to the Hughes Heart workplace advanced.
That is the second of Elaine Wynn’s Park Towers condos to promote since her dying in April 2025 at age 82. The primary — a bigger, extra personalized residence — bought for $8.25 million in August 2025. Wynn, co‑founding father of Mirage Resorts and Wynn Resorts, was not solely a serious determine in Nevada gaming but additionally one of many state’s most influential philanthropists, notably in schooling and the humanities.
Hellmuth as he wins his eleventh WSOP event in 2008. (Picture: Wikimedia Commons)
Wynn served because the champion of the upcoming Las Vegas Museum of Artwork, set to open subsequent 12 months downtown, preserving its imaginative and prescient alive by way of a long time of management, funding and advocacy.
Hellmuth, a 17‑time World Sequence of Poker bracelet winner, confirmed to the Las Vegas Evaluate‑Journal that he and his spouse formally relocated to Las Vegas in December.
“Vegas has been very, excellent to me and I adore it right here,” he advised the newspaper, noting that the transfer locations him nearer to the World Sequence of Poker (WSOP) and town’s increasing excessive‑stakes poker scene.
Hellmuth was represented by Karina Jett of Keller Williams VIP — herself a revered poker skilled with a number of WSOP cashes — making the transaction a uniquely poker‑centric pairing on either side of the deal.





