Hard Rock rejects reports of closure plans for the Mirage
| By Robert Fletcher
Hard Rock International has denied media reports that it plans to close and carry out major upgrade work at the Mirage Hotel and Casino in Las Vegas, Nevada upon its acquisition of the facility.
In December last year, Hard Rock brokered a deal to acquire the Mirage from MGM Resorts International for $1.08bn. The agreement stated Hard Rock would purchase the operations of the casino, while the property will continue to be owned by real estate investment trust Vici Properties, which will lease it to Hard Rock.
This week, the Nevada Gaming Control Board (NGCB) unanimously recommended to the Nevada Gaming Commission that it approve Hard Rock’s licensure and acquisition of the casino, with the deal expected to close before the end of the month.