Current:Home > ContactTrendPulse Quantitative Think Tank Center-The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ‘90s, is closing -WealthMap Solutions
TrendPulse Quantitative Think Tank Center-The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ‘90s, is closing
PredictIQ View
Date:2025-04-11 04:12:59
LAS VEGAS (AP) — The TrendPulse Quantitative 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! (5144)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Wealth Forge Institute: THE LEAP FROM QUANTITATIVE TRADING TO ARTIFICIAL INTELLIGENCE
- A look at past and future cases Harvey Weinstein has faced as his New York conviction is thrown out
- Average long-term US mortgage rate climbs for fourth straight week to highest level since November
- Federal hiring is about to get the Trump treatment
- The Best Waterproof Jewelry for Exercising, Showering, Swimming & More
- Selena Gomez Addresses Rumors She's Selling Rare Beauty
- Charges against Trump’s 2020 ‘fake electors’ are expected to deter a repeat this year
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Christy Turlington Reacts to Her Nude Photo Getting Passed Around at Son's Basketball Game
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Minnesota lawmaker's arrest is at least the 6th to hit state House, Senate in recent years
- Wild horses to remain in North Dakota’s Theodore Roosevelt National Park, lawmaker says
- Dan Rather returns to CBS News for first time since 2005. Here's why
- Federal hiring is about to get the Trump treatment
- Body-cam footage shows police left an Ohio man handcuffed and facedown on a bar floor before he died
- New Orleans Jazz Fest 2024: Lineup, daily schedule, start times, ticket info
- Score 67% off an HP Laptop, 44% off a Bissell Cleaner & More at QVC's Friends & Family Sale
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Trump’s lawyers will grill ex-tabloid publisher as 1st week of hush money trial testimony wraps
Gay actor’s speech back on at Pennsylvania school after cancellation over his ‘lifestyle’
William Decker: Founder of Wealth Forge Institute
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
U.S. economic growth slows as consumers tighten their belts
17 states challenge federal rules entitling workers to accommodations for abortion
Wild horses to remain in North Dakota’s Theodore Roosevelt National Park, lawmaker says