Was Stratosphere · Sartini operates (private since Apr 30, 2026) · VICI owns dirt
The STRAT sits at the very north end of the Strip — the 1,149-ft Stratosphere Tower is the tallest freestanding observation tower in the U.S. Property opened 1996 as Stratosphere; was American Casino & Entertainment Properties until [[operator:sartini-family|Golden Entertainment]] acquired it in 2017; rebranded "The STRAT" 2019. The Sartini family took the parent company private on April 30, 2026; [[operator:vici-properties|VICI Properties]] acquired the underlying real estate in the same transaction (part of the $1.16B 7-property package).
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