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HomePassive IncomeIconic Las Vegas Mirage Resort to Shutter After 34 Years

Iconic Las Vegas Mirage Resort to Shutter After 34 Years

One other Las Vegas landmark bites the mud.

The Mirage Resort & On line casino, a mainstay on the Las Vegas Strip for 34 years, can be shutting down, efficient July 17, to endure a rebranding and renovation estimated to take about three years.

The Mirage, which opened in 1989, is a part of the Wynn model and is taken into account one of many first luxurious resorts on the Strip. The lodge was additionally infamously the house of the Siegfried & Roy present.

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“Over the following two months we’ll bid farewell to this iconic and historic property after which we’ll begin an unimaginable transformation,” says a discover posted to the on line casino’s official Fb web page. “We want to thank all workforce members at The Mirage for his or her unimaginable dedication and serving to us present memorable experiences for our visitors.”

The resort will rebrand because the Arduous Rock Las Vegas. The Arduous Rock at present has over 31 lodge properties. Arduous Rock Las Vegas is ready to have a 700-foot tower formed like a guitar, much like the model’s Hollywood, Florida location.

MGM Resorts acquired the Mirage in 2000 from Wynn however resold it in 2022 to Arduous Rock Worldwide in a money deal that value an estimated $1.075 billion.

“We might wish to thank the Las Vegas neighborhood and workforce members for warmly welcoming Arduous Rock after having fun with 34 years at The Mirage,” stated Jim Allen, Chairman of Arduous Rock Worldwide in an organization launch. “We might additionally wish to thank the Unions, neighborhood leaders, native and state authorities organizations, and the Gaming Fee for his or her assist and honest negotiations over the previous 12 months. Additionally, we’re grateful to MGM for helping with our transition.”

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Arduous Rock pays $80 million in severance packages to laid-off workers. The corporate stated it expects the brand new lodge to double the variety of jobs the Mirage had and generate an estimated 2,500 development jobs through the development and renovation of the brand new resort.

These with bookings at The Mirage previous July 14 can be mechanically canceled and refunded.

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