Current:Home > FinanceSurpassing Quant Think Tank Center|The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ‘90s, is closing -Wealth Pursuit Network
Surpassing Quant Think Tank Center|The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ‘90s, is closing
Fastexy Exchange View
Date:2025-04-10 11:22:41
LAS VEGAS (AP) — The Surpassing Quant Think Tank Centericonic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an era for a property credited with helping transform Sin City into an ultra-luxury resort destination.
The July 17 closure will clear the way for major renovations and construction on the 80-acre (32-hectare) property, which is to reopen in 2027 as the Hard Rock Las Vegas, featuring a hotel tower in the shape of a guitar soaring nearly 700 feet (about 210 meters) above the heart of the Strip.
“We’d like to thank the Las Vegas community and team members for warmly welcoming Hard Rock after enjoying 34 years at The Mirage,” Jim Allen, chairman of Hard Rock International, said Wednesday in a statement announcing the closure.
It will be the second time this year that a Strip casino shutters. The Tropicana Las Vegas closed in April after 67 years to make room for a $1.5 billion baseball stadium planned as the future home of the relocating Oakland A’s.
Developed by former casino mogul Steve Wynn, the Mirage opened with a Polynesian theme as the Strip’s first megaresort in 1989, spurring a building boom on the famous boulevard through the 1990s.
Its volcano fountain was one of the first sidewalk attractions, predating the Venetian’s canals and the Bellagio’s dancing fountains. It was known as a venue where tourists could see Siegfried and Roy taming white tigers or a Cirque du Soleil act set to a Beatles soundtrack.
The final curtain on the Beatles-themed show, which brought Paul McCartney and Ringo Starr back together for public appearances throughout its 18-year run, also comes down in July.
Hard Rock International said Wednesday that more than 3,000 employees will be laid off and it expects to pay out $80 million in severance.
The Culinary Workers Union, which has represented about 1,700 employees at the Mirage since it opened, said in a statement that the contract it won last year ensures laid-off workers will get $2,000 for each year of service. The contract also gives them the option of being called back to work and maintaining their seniority when the hotel reopens.
“Culinary Union will continue to ensure workers are protected and centered in the property’s future,” the statement said.
The Mirage became the first Strip property to be run by a Native American tribe in 2022, after Hard Rock International, which is owned by the Seminole Tribe of Florida, purchased it from MGM Resorts in a cash deal worth nearly $1.1 billion.
Hard Rock said at the time that the property would remain open and operate under the Mirage brand for several years while it finalized renovation plans.
The Mirage is accepting no bookings for after July 14 and said any reservations past that date will be canceled and refunded.
veryGood! (7632)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- What’s at stake in the European Parliament election next month
- Audra McDonald to make Broadway return as lead in 'Gypsy': 'It scares me to death'
- Former TikToker Ali Abulaban Found Guilty in 2021 Murders of His Wife and Her Friend
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Minnesota man dismembered pregnant sister, placed body parts on porch, court papers show
- 4 Pakistanis killed by Iranian border guards in remote southwestern region, Pakistani officials say
- Edmunds: The best used vehicles for young drivers under $20,000
- Meet first time Grammy nominee Charley Crockett
- The number of Americans applying for jobless benefits inches up, but layoffs remain low
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- World's first wooden satellite built by Japanese researchers
- Argentina women’s soccer players understand why teammates quit amid dispute, but wish they’d stayed
- UN rights group says Japan needs to do more to counter human rights abuses
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Fire destroys part of Legoland theme park in western Denmark, melting replicas of famed buildings
- Loungefly’s Scary Good Sale Has Disney, Star Wars, Marvel & More Fandom Faves up to 30% Off
- Stuck at sea for years, a sailor’s plight highlights a surge in shipowner abandonment
Recommendation
North Carolina justices rule for restaurants in COVID
France’s Macron urges a green light for Ukraine to strike targets inside Russia with Western weapons
NRA can sue ex-NY official it says tried to blacklist it after Parkland shooting, Supreme Court says
Clerk over Alex Murdaugh trial spent thousands on bonuses, meals and gifts, ethics complaint says
Sam Taylor
A German court will try a far-right politician next month over a second alleged use of a Nazi slogan
NTSB now leading probe into deadly Ohio building explosion
BHP Group drops its bid for Anglo American, ending plans to create a global mining giant