Poker legend Phil Hellmuth snags a $2.8M Las Vegas condo with Strip views
Phil Hellmuth, the record-holding 17-time poker bracelet winner, has purchased a luxury condo in Las Vegas for $2.8 million. The high-rise unit in Park Towers was previously owned by the late Elaine Wynn, who passed away earlier this year at 82. Hellmuth and his wife moved into the property in December after relocating from Palo Alto.
The condo offers a prime view of the Las Vegas Strip, which Hellmuth described as perfect for his poker career. The sale closed after 173 days on the market, with the final price 5% below the original listing.
Hellmuth's recent financial moves extend beyond real estate. As an advisor and investor in the daily fantasy sports platform PrizePicks, he benefited from its sale, which valued the company at $4.1 billion. He also claims lifetime cash game earnings of at least $10 million and plans to risk $1.5 million of his own money in poker tournaments next year.
Before the purchase, the property belonged to Elaine Wynn, a prominent figure in Las Vegas real estate. Her death in April 2025 at 82 led to the sale, though details about her estate's broader impact on the luxury apartment market remain undisclosed.
Hellmuth now owns a high-end Las Vegas residence with a view he considers ideal for his poker ambitions. His investment in PrizePicks and his upcoming $1.5 million poker stake highlight his continued involvement in high-stakes gaming. The condo's sale marks another transaction in the city's luxury property sector.
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