Hard Rock Changes Las Vegas Skyline To Acquire The Mirage For $1.1B From MGM

The Mirage, the iconic volcanic attraction in Las Vegas Streep, has officially changed its ownership. Following approval from the Nevada Gaming Commission, giant Hard Rock International closed Monday its purchase of its Mirage operations in a $1.1 billion cash deal from MGM.

The deal, unveiled in December 2021 and publicly announced by Hard Rock two weeks ago, may also change the look of casino resorts located in the most sought-after North End location that has hosted fans on Las Vegas Streets since 1989. With Hard Rock International considering building a guitar-shaped hotel tower on the site, the famous outdoor volcanic attractions along Las Vegas Boulevard may be replaced.

The owner of Mirage Real Estate, Vici Properties, announced that it had entered into a lease agreement with Hard Rock to support closing the transaction. Vici also said the lease will generate an initial $90 million in annual rent due to new operators. 바카라

Earlier this month, James Allen announced that the expanded resort would increase from 3,044 to 3,60 rooms. It will also expand casinos from 94,000 square feet to 174,000 square feet and convention space from 200,000 square feet to 283,000 square feet. The number of slot machines will increase from 836 to 2,000, and the number of table games will increase from 51 to 212.

Hard Rock’s CEO and president also informed the public that the process “will take an extended period” but will also “dramatically reinvent all aspects of the resort and transform the Las Vegas skyline” with a new guitar-shaped tower. Allen also said the company was “excited” to create an integrated resort in Streep that would “make this legendary entertainment community proud.”

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