Hard Rock Agrees to Buy The Mirage Las Vegas

Hard Rock International has announced an agreement to acquire the operations of The Mirage Las Vegas, both the casino and hotel, from MGM Resorts International. The deal is subject to regulatory approvals and other customary closing conditions. Hard Rock plans to use this acquisition to build an iconic Guitar-shaped Hotel which will be located on Las Vegas Strip, which could mean demolishing the iconic casino and the famous Mirage volcano attraction. Hard Rock will pay $1.075 billion in cash for the operating assets of The Mirage Las Vegas Hotel and Casino. The iconic hospitality and entertainment brand will enter into…

Mirage Las Vegas Closes Midweek

Another Las Vegas resort has joined the ranks of midweek closures. The Mirage Las Vegas shut it’s doors today, ceasing all operations at their casino and restaurants Mondays through Thursdays. Their hotel had already been closed for midweek operations in November. In an announcement, MGM Resorts stated that these closures come as midweek demand has been low due to Coronavirus and the state wide restrictions on large groups. MGM says that they do not anticipate the closures to last beyond February. However, they will “continue evaluating business levels”, leaving the door open for the shut down to last longer. Overall,…