Another Las Vegas landmark bites the dust.
The Mirage Hotel & Casino, a mainstay on the Las Vegas Strip for 34 years, will be closed down, starting July 17, to undergo a rebranding and renovation that is estimated to take about three years.
The Mirage, which opened in 1989, is part of the Wynn brand and is considered one of the first luxury resorts on the Strip. The hotel was also the infamous home of the Siegfried & Roy show.
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“Over the next two months we will say goodbye to this iconic and historic property and then begin an incredible transformation,” said an announcement posted on the casino's official Facebook page. “We would like to thank all the team members at The Mirage for their incredible commitment and helping us deliver unforgettable experiences for our guests.”
The resort will be rebranded as Hard Rock Las Vegas. Hard Rock currently has over 31 hotel properties. Hard Rock Las Vegas will feature a 700-foot guitar-shaped tower similar to the brand's Hollywood, Florida the location.
MGM Resorts bought the Mirage in 2000 from Wynn, but resold it in 2022 to Hard Rock International in an all-cash deal. estimated cost 1.075 billion dollars.
“We would like to thank the Las Vegas community and team members for the warm welcome to Hard Rock after enjoying 34 years at The Mirage,” said Jim Allen, Chairman of Hard Rock International. company release. “We also want to thank the Unions, community leaders, local and state government organizations, and the Gaming Commission for their support and fair negotiations over the past year. We are also grateful to MGM for helping us with our transition. .”
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Hard Rock will pay $80 million in severance packages to laid-off employees. The company said it expects the new hotel to double the number of jobs it had at the Mirage and generate about 2,500 construction jobs during the construction and renovation of the new resort.
Those who have booked at The Mirage on 14th July will be automatically canceled and refunded.