On Friday, the Nevada Gaming Commission gave Hard Rock International the green light to purchase The Mirage Hotel & Casino from MGM Resorts International. On the morning of Monday, December 19, Hard Rock was given control of the property’s operations.
This deal saw Hard Rock International pay $1.075 billion in cash for the operational assets of The Mirage Hotel and Casino. Also, for the real estate property comprising The Mirage, HRI has entered into a long-term lease arrangement with VICI Properties Inc.
The Seminole Tribe of Florida, owners of Hard Rock International, announced intentions to renovate the site by constructing a massive hotel tower in the style of a guitar in place of the existing volcanic feature.
There will be no interruption in service at the 3,044-room resort casino as it undergoes a transformation into the Hard Rock Hotel & Casino Las Vegas. The work is expected to take quite some time but will result in a radical redesign of the whole resort.
Hard Rock intends to provide details about the renovated resort by the end of 2023, including the additional amenities and attractions planned for the property and a timeline for their development.
In a statement released on Monday, company chairman Jim Allen claimed that the property would be adding thousands of workers to the operator’s already massive global workforce.
“Today, we’d like to officially welcome the 3,500 team members at The Mirage to the 45,000 global Hard Rock family and express our gratitude to the Nevada Gaming Control Board and the Nevada Gaming Commission for approving the gaming license for us to operate The Mirage Hotel & Casino. We are excited to create an integrated resort on The Strip that will make this legendary entertainment community proud.”
Jim Allen, Chairman, Hard Rock International
Hotels, casinos, Rock Shops®, live performance venues, and cafes are just a few of the many types of establishments owned, licensed, or operated by Hard Rock International (HRI), making it one of the most recognizable brands in the world. The acquisition of The Mirage marks yet another impressive growth milestone for the company.
Hard Rock International has this month also begun construction on a $500 million project that will bring a new hotel, casino, and entertainment facility to Bristol.
There will be over 1,300 slot machines, 50 gaming tables, a sports book, and numerous dining choices available at the Hard Rock Hotel & Casino Bristol, which will span about 300,000 square feet. The 200 plush rooms at the Hard Rock Hotel will have full spa services, an indoor-outdoor pool, and other luxuries.
TN Ward of Ardmore, Pennsylvania, and BurWil Construction of Bristol, Tennessee, will oversee this project, which is estimated to generate almost 1,000 construction-specific jobs. Upon opening its doors at its permanent site, the casino is anticipated to provide approximately 1,200 permanent and temporary jobs.
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