Hard Rock Reveals Transformation Plans for Mirage Casino
Hard Rock has revealed its plans to transform the Mirage casino in Las Vegas in the coming years.
Hard Rock International presented its plans to the Nevada Gaming Control Board on Wednesday. The company is planning to invest billions into the renovations of the Mirage casino resort on the Las Vegas Strip. It will be open for the next 18 months and then it will rebrand to Hard Rock Las Vega.
Hard Rock International chairman Jim Allen led the presentation on Wednesday. The company wants to expand the Mirage Casino. It will have between 3,600 and 3.700 hotel rooms. Public areas, restaurants, and casino will be fully rebuilt. The total size of the property will grow by 80,000 square feet. Number of slot machines will more than double to 2,00. Table games will increase from 51 to 212.
Hard Rock International will buy the Mirage's operating rights in a deal worth almost $1.1bn. The deal is expected to be approved by the Nevada Gaming Commission this month. VICI Properties, which owns the real estate of the casino, will lease it to Hard Rock at $90m per year.