31, once approved by Nevada gaming regulators.

The transfer of ownership to Hard Rock is expected to be finalized by Dec. The company expects to unveil the “property expansion” in 2025, according to a July news release.

Part of its sale agreement includes the ability to stay branded as The Mirage for up to three years. Hard Rock, owned by the Seminole Tribe of Florida, is expected to keep the property’s name and brand for a bit longer. MGM also answered several other questions on its website about The Mirage’s future through a FAQ page shared this month. Officials have previously said the attraction will be torn down, but “there are no current plans to change the volcano show,” according to MGM Resorts. To answer the first question likely on everyone’s mind: No, the volcano show won’t close - yet. While The Mirage will have a new owner by year’s end, guests shouldn’t expect any major changes just yet.Īs the iconic Strip resort prepares to switch ownership from MGM Resorts International to Hard Rock International, who acquired the operations of the resort for $1.08 billion last year, questions have loomed about how the transition will play out. He said MGM has sold more than nine million tickets to its events, third only to Live Nation and AEG in the U.S.Carlos Burgos, left, and Heidy Rivera, of Puerto Rico, take a selfie in front of The Mirage hotel-casino on Labor Day, Monday, Sept. Hornbuckle discussed entertainment driving tourism and spending. “But that doesn’t mean we’re going to win.

“And we have seven weeks to go,” Hornbuckle said. He said rates are four times normal and the gaming front money is 50% above the highest in history. Hornbuckle was especially excited about the F1 race in November that’s drawing people to Las Vegas from all over the world. We were able to capture the NBA tournament that’s going to take place during the first week of December (at T-Mobile). People are starting to get excited about the Super Bowl. You’re leaning into the fourth quarter and Formula One. “Two weeks ago, we had the highest average daily-rate booking week in our history. “With the second-quarter earnings, the message is, particularly as we look at the luxury segment in Las Vegas, that it remains strong,” Hornbuckle said.

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