Yitzhak Tshuva
Elad and the proposed Las Vegas Plaza
The Elad developer connected with the New Frontier acquisition and a Plaza-branded resort that remained unbuilt.
The buyer behind Elad
Tshuva controlled Elad, the developer on one side of the joint venture that acquired Ruffin’s New Frontier property in 2007. The acquisition was a land and redevelopment transaction; it did not make the planned Las Vegas Plaza an operating casino. [1]
Financing and an unrealized plan
Globes followed the partnership’s $620 million acquisition financing and later extension requests. By 2014, the land passed into a new development venture led by Crown Resorts. The Plaza proposal belongs to the history of the Strip’s failed boom-era projects. [2] [3]
Key dates
People in the same story
Phil Ruffin
Seller of the New Frontier property. [1]
Read the profileNochi Dankner
The IDB connection in the Plaza venture. [2]
Read the profileIn the archive
204 entries about associated places, not necessarily this person in the saved collection.
Throngs Attend Casino Opening
Indexed press reference · View the bibliography. The original report has not been independently read for this entry.
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Pair-o-Dice Closes For Remodeling
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Pair o Dice Is Being Enlarged
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Vegas' Newest, Most Luxurious Night Club Opens Wednesday
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McAfee Takes Up Option on 91 Club
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91 Club Is Sold To Arizona Group
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Go deeper into the record.
Sources for this profile and starting points for further research. Access notes mark links we could not open directly during the October 3–4, 2026 checks. Historical accounts describe their own period; they do not necessarily describe current operations.
- 1
With deal signed, Ruffin era on Strip officially ended
Substantive indexed publisher text read October 14, 2026; direct request returned 403. Reports final papers signed August 7, a $1.24 billion price and Elad IDB Las Vegas as buyer. The headline describes 2007, not Ruffin’s later return to the Strip.
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- 2
Tshuva and Dankner seek to extend $620m Las Vegas Plaza loan
Substantive indexed text retrieved October 14, 2026; direct opening failed. Documents Elad and IDB’s financing relationship and planned Plaza project, not a completed resort.
- 3
Australian billionaire planning new Strip casino
Substantive indexed text retrieved October 14, 2026; direct opening failed. Identifies the Crown/Andrew Pascal/Oaktree successor venture and reports the $280 million figure with attribution to Bloomberg.