Phil Hellmuth Moves to Las Vegas After Buying Condo for $2.8m After PrizePicks Windfall

  • The Park Towers condo belonged to Elaine Wynn’s estate
  • The property was on the market for 173 days before selling
  • Hellmuth had a stake in PrizePicks which recently sold for $1.5bn
For sale
Phil Hellmuth moved back to Las Vegas in December after buying a condo for $2.8m. [Image: Shutterstock.com]

Iconic poker player Phil Hellmuth has returned to Las Vegas after buying a condo for $2.8m from Elaine Wynn’s estate. He moved into the luxury Park Towers in December with his wife after living in Palo Alto for many years:

The record 17-time bracelet winner’s new residence was sold after 173 days on the market, just 5% below the original asking price. Elaine Wynn passed away in April 2025 at the age of 82. She was a big player in the Nevada casino game and was well known for her philanthropy. Another property in Park Towers owned by her estate sold in August for $8.25m.

Talking to the Las Vegas Review-Journal, real estate agent Karina Jett said that Hellmuth’s condo has a view of the Strip, which “is ideal for his poker endeavors.”

he was an advisor and investor for the daily fantasy sports platform

The 61-year-old poker star recently celebrated PrizePicks’ sale, which had an implied enterprise value of $4.1bn. In the description of a video he posted on social media at the end of January, Hellmuth mentioned that he was an advisor and investor for the daily fantasy sports platform.

In terms of his poker plans, Hellmuth recently revealed that he’s putting $1.5m of his own cash on the line in 2026 after critics claimed he can’t perform in high-stakes play. He says that his lifetime gains from cash games is at least $10m.

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