The resort was financed by 'petty cash' earned from other Circus Circus Enterprises properties and did not include any outside financial investors. When it opened, the pyramid, which cost $375 million to build, was the tallest building on the strip and contained 2,526 rooms and a 100,000 sq ft (9,300 m2) casino.

on October 15, 1993, to a crowd of 10,000 people. All three resorts had a family oriented focus. The Luxor would compete against two other upcoming resorts, MGM Grand and Treasure Island. The pyramid was topped off on July 9, 1993. Standing 30 stories high, the pyramid was one of the largest metal-and-glass projects ever. Waltek, a Cincinnati-based company, provided the metal-and-glass exterior for the pyramid. Veldon Simpson was the architect, and Perini Building Company was the general contractor. Known temporarily as 'Project X', the pyramid-shaped resort would cost $290 million, and would be built on the Las Vegas Strip, on land located south of the company's Excalibur Hotel and Casino.Groundbreaking took place on April 21, 1992, with the project by then known as 'Luxor', after the Egyptian city of the same name. The resort was announced by Circus Circus Enterprises on November 14, 1991.

Luxor hotel and casino wiki