The regulatory approval from the Nevada Gaming allowed Hard Rock International to complete the acquisition of The Mirage Hotel & Casino from MGM Resorts International.
Under terms of the transaction, Hard Rock paid $1.075 billion for the operating assets of The Mirage Hotel & Casino and has entered into a long-term lease agreement with VICI Properties Inc. for the real estate property of The Mirage Hotel & Casino.
The 3,044-room casino resort will continue to operate as The Mirage Hotel & Casino until the renovation and rebranding of the property to the Hard Rock Hotel & Casino Las Vegas is complete. The process will reimagine every aspect of the resort with the addition of a Guitar-shaped hotel tower adjacent to Las Vegas Blvd.
Daily operations of the famed Las Vegas resort are set to continue under The Mirage brand for the foreseeable future. The resort will continue to offer world-class entertainment and dining options including, Cirque Du Soleil’s The Beatles LOVE through 2023.
Casino players and guests will now enjoy Unity by Hard Rock, a global loyalty program that will enable patrons to earn and redeem rewards at participating Hard Rock Hotels, Cafes, and Casinos around the globe.
Hard Rock International expects to release details of the rebranded and reimagined resort, its new features and attractions, and development timeline at the end of 2023.
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
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