Home REITs End Date for Iconic Las Vegas Strip Casino, Beloved Show Comes Into Focus

End Date for Iconic Las Vegas Strip Casino, Beloved Show Comes Into Focus

by WOOWinvest
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End Date for Iconic Las Vegas Strip Casino, Beloved Show Comes Into Focus

Time moves fast and slow on the Las Vegas Strip. Sometimes you know something big is coming, but you don’t know exactly when, because big casinos, resorts and big attractions take time not only to build, but also to plan.

That’s why the Mirage, which was sold by MGM Resorts late last year, has been up in the air (MGM) – Get the MGM Resorts International report to Hard Rock International. The $1 billion deal isn’t even over yet, but speculation has run rampant about what’s going to happen to Mirage.

Hard Rock says it plans to build a guitar hotel on the site, which will almost certainly lead to the demise of the famous Phantom Volcano. However, the soon-to-be new boss has yet to comment on its plans to close the current hotel and casino, or what will happen to the iconic Cirque du Soleil “Love” show based on the music of the Beatles.

Now, some new details have emerged that hint at what will happen to the show and when the Phantom Shift will begin.

The Beatles love seems to be coming to an end

Hard Rock International has not commented on its plans for the property since the deal was first announced. However, now Cirque du Soleil has confirmed that the hugely popular “Beatles Love” show will end in early 2023. The cast and crew’s contracts have been briefly extended and will run until the end of the year.

That’s what the Performing Arts/New Age Circus Company celebrates, even if it’s just a one-year reprieve for doomed productions

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“‘Beatles Love’ is one of the most popular and successful production shows on the Las Vegas Strip,” Eric Grilly, president of the circus’ resident performance division, said in a statement. said the press release. “We are pleased to announce the extension of our cast and crew.”

The shows will run “through 2023,” but it’s not clear from the press release if that means they’ll run for a full year. “The Beatles Love” uses music from the band’s iconic catalogue and combines it with choreographed performances, and it just celebrated its 16th anniversary at Mirage, where it replaced legendary magic/animal show Siegfried & Roy.

The new Hard Rock International version of the property, which will not bear the Mirage name, is expected to open in 2025.

The mirage and its iconic volcano are coming to an end

Once Hard Rock International closes its deal to buy Mirage from MGM, it will have to balance maintaining revenue generation with maintaining a construction schedule. This is a wire worthy of Cirque balance.

Once the deal is complete, the new owners will be entitled to use the Mirage name royalty-free for three years, and it appears that the first place to go is the resort’s famous volcano, as the site is expected to be the site of the new Guitar Hotel to be built.

According to Casino.org, while a show like “Beatles Love” seems like a fit for Hard Rock’s music-centric brand, it seems unlikely it will be part of the new property.

“‘The Beatles Love’ will be released before the resort reopens, as the Hard Rock no longer plans to use the theater for resident shows,” the website reported.

Hard Rock didn’t comment directly on the fate of Mirage Volcano, but it doesn’t appear to be in the company’s plans, likely in the final months. No construction can begin until the deal with MGM is complete and the appropriate permits have been submitted and approved.

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