{"id":268983,"date":"2025-11-08T01:44:15","date_gmt":"2025-11-08T01:44:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/268983\/"},"modified":"2025-11-08T01:44:15","modified_gmt":"2025-11-08T01:44:15","slug":"f1-owner-liberty-media-buys-club-platinum-strip-club-for-merch-store","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/268983\/","title":{"rendered":"F1 Owner Liberty Media Buys Club Platinum Strip Club for Merch Store"},"content":{"rendered":"<p>                                                                                                    <a href=\"https:\/\/www.casino.org\/vitalvegas\/all-about-us\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                                                        <img loading=\"lazy\" alt=\"Scott Roeben\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/author-logo-lg-88x88.png\"  class=\"avatar avatar-88 photo\" height=\"88\" width=\"88\" decoding=\"async\"\/>                                                    <\/a><\/p>\n<p>                                                                                                    By <a href=\"https:\/\/www.casino.org\/vitalvegas\/all-about-us\/\" class=\"post-info-panel__link\" rel=\"nofollow noopener\" target=\"_blank\">Scott Roeben<\/a>, on November 07 2025                                                                                            <\/p>\n<p>Every day we wake up not wanting to hate F1, and every day F1 gives us another reason to hate F1.<\/p>\n<p>We\u2019re told Liberty Media, owner of Formula 1, has purchased the Club Platinum strip club. The tentative plan is to demolish the classic dive and build a four-story F1 merchandise store, per a source familiar with the transaction.<\/p>\n<p>With this deal, Liberty Media is dumping a coveted trifecta of licenses: Gaming, liquor and adult entertainment. Not to mention the fact an angel is losing its wings.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"lazyload wp-image-45361 size-post-thumbnail-crop-845xAUTO\" style=\"border: 1px solid #000000;\" alt=\"\" width=\"845\" height=\"563\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/club_platinum-845x563.jpg\"\/>It\u2019s on the Internet, it must be real.<\/p>\n<p>There is no drama like strip club drama, of course.<\/p>\n<p>The asking price for the beloved Club Platinum, located near the off-Strip Tuscany casino (on the corner of Flamingo and Tuscany Casino Drive, about 1,500 feet from the race course), was $4 million.<\/p>\n<p>Just kidding about it being \u201cbeloved,\u201d it was a shithole. It\u2019s a land play.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-45373 size-post-thumbnail-crop-845xAUTO\" style=\"border: 1px solid #000000;\" alt=\"\" width=\"845\" height=\"563\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/strip_club_land-845x563.jpg\"\/>The parcel is half an acre.<\/p>\n<p>Club Platinum was built in 1965.<\/p>\n<p>Liberty Media swooped in and closed the deal with a juicy $100,000 in earnest money.<\/p>\n<p>Opened escrow on June 28, 2025, closed on Sep. 28, 2025.<\/p>\n<p>Liberty got the place far below the list price because the owner, Rita Capovilla, reportedly didn\u2019t want to wait for all the gaming licensing hoops to be jumped through, a process that can take more than a year.<\/p>\n<p>Liberty is rumored to have paid between $3 million and $3.5 million.<\/p>\n<p>All cash.<\/p>\n<p>For a gift shop.<\/p>\n<p>No boobs or video poker whatsoever!<\/p>\n<p>What in the hell kinda upside down world has Las Vegas become?<\/p>\n<p>You never, ever give up a gaming, adult and liquor license combo. It\u2019s a unicorn.<\/p>\n<p>The only other Clark County business, or in the entire country, that has those licenses all in the same place is Play It Again Sam.<\/p>\n<p>Anyway, like we said, F1 is presumably going to build a four-story who-gives-a-shit on the site.<\/p>\n<p>We haven\u2019t gotten official comment from F1 about this transaction, mainly because we didn\u2019t ask for their opinion.<\/p>\n<p>Sorry, Tuscany, property values in the neighborhood are about to fall off a cliff.<\/p>\n","protected":false},"excerpt":{"rendered":"By Scott Roeben, on November 07 2025 Every day we wake up not wanting to hate F1, and&hellip;\n","protected":false},"author":2,"featured_media":268984,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[441],"tags":[49,48,578,576,577,82],"class_list":["post-268983","post","type-post","status-publish","format-standard","has-post-thumbnail","category-formula-1","tag-ca","tag-canada","tag-f1","tag-formula-1","tag-formula1","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/268983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=268983"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/268983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/268984"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=268983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=268983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=268983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}