Hotel Casino Las Vegas Nv - This article is about hotels and casinos on the Las Vegas Strip. For other uses, see Mirage.
36°07′16″N 115°10′31″W / 36.12111°N 115.17528°W / 36.12111; -115.17528 Coordinates: 36°07′16″N 115°10′31″W / 36.12111°N 115.17528°W / 36.12111; -115.17528
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The Mirage is a casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned by Vici Properties and managed by Hard Rock International. The 65-acre property covers 90,548 square feet (8,412.2 m).
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Gold Nugget, Inc., led by developer Steve Wynn, purchased the future Mirage land in 1986. Castaways, a hotel casino, occupied part of the property and was demolished to make way for the Mirage. After two years of construction, the resort opened on November 22, 1989. It was the most elaborate resort in the world, completed at a cost of $630 million. It was also among the biggest hotels in the world. The Mirage was the first megaresort to open on the Las Vegas Strip, and its success led to a construction boom in the 1990s for other major resorts on the Strip.
The Mirage started out with some unusual attractions for a Las Vegas casino. Features include animal habitats for dolphins and tigers and an indoor rainforest exhibit. Its main attraction is a man-made volcano that erupts at night and can be enjoyed in front of the resort for free. In 1990, the Mirage hosted a magic show by Siegfried and Roy, who performed there for about 14 years. The resort also hosted Cirque du Soleil's first Las Vegas show, Nouvelle Experice, which opened in 1992. Cirque du Soleil will return to the house in 2006 with the premiere of Love, a concert featuring the music of the Beatles.
Wynn left the property in 2000, when his company was bought by MGM Grand. In 2021, Hard Rock International announced that it would purchase the Mirage and turn it into Hard Rock Las Vegas. The property will undergo a complete turnaround and expansion to accommodate a new guitar-shaped hotel tower in place of the volcanic attraction. The purchase was completed in December 2022, and the rebranding project is expected to begin in 2024. MGM will name the Hard Rock "Mirage" until the project is completed. Hard Rock Las Vegas is expected to open in 2025 or 2026.
Casino owner Steve Wynn considered building a resort called Victoria Bay on the strip, but the project was canceled in 1981 due to cost overruns.
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Three years later, he considered building a resort in downtown Las Vegas on a 50-acre tract that later became the site of the Clark County Government Cter. Wynn's plan to build downtown was scrapped after the railroad rejected a $50 million offer for his land, asking twice that amount.
Wynn's purchase included the Hayes home, which was vacated with the Castaways to make way for a new casino resort.
In June 1987, Wynn unveiled plans for a tropical cruise, tentatively known as the Golden Nugget. He said the project would later be modified to fit its South Seas theme.
The working title of the project came from Wynn's Gold Nugget hotel-casino in downtown Las Vegas. Wynn did not intend to have two gold bars in Las Vegas, believing they would be known as "The Old One" and "The New One," before he deemed them unsuitable for downtown real estate.
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Not to be confused, Wynn bought the rights to the Mirage name from two local businesses, La Mirage Casino and Mirage Motel. Both received $250,000 to change their names.
The general contractors were MarCor Developmt and Sierra Construction Corporation, the latter working on the hotel tower.
The Mirage was the largest hotel-casino ever built in the world until Trump opened the Taj Mahal in Atlantic City a few months later.
Financier Michael Milk, a corporate executive, helped the project by selling $525 million in mortgage loans.
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Mirage was the first place built using bad bonds with Wall Street money.
To prepare for the opening, Baldwin and others spent nearly a year visiting 250 companies — in fields such as hospitality and food — to gather information and advice. Unsatisfied with Curt's public relations firm, Wyn hired Hill & Knowlton eight weeks before the opening. Despite the company's protests, Wynn refused to release press tours and opening photos, wanting to keep the resort's opening a surprise.
Wynn had previously been scheduled for December 26, but changed plans after securing a boxing match between Sugar Ray Leonard and Roberto Durán III at the resort on December 7.
He intended to make the Mirage a popular venue for boxing matches, competing with other Las Vegas resorts.
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Within hours of opening, a casino customer hit a $4.6 million jackpot on a $1 slot machine.
The resort had unusual features for a Las Vegas gambling property, and Wynn considered them to be major attractions.
Its signature attraction was an erupting man-made volcano that provided free entertainment for pedestrians in front of the resort.
Other attractions included a dolphinarium and a blue forest exhibit with a domed atrium. Additionally, the resort hosted a magic show by Siegfried & Roy, with the duo's white tigers on display at the resort when they weren't performing.
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Financial analysts and sports executives were skeptical of Mirage, which needed to pay an incredible $1 million a day to cover its costs.
The Mirage is the first new resort to be built on the Las Vegas Strip in 16 years.
It was the second in the Las Vegas Valley after the International Hotel opened in 1969.
Before the Mirage opened, the city was experiencing a decline in tourism, especially after New Jersey legalized gambling in Atlantic City.
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Because of its success, Wyn borrowed another $100 million in 1990 to add more features. These include a parking garage, more high-end villas and an expansion of the pool area.
Wynn partnered with singer Michael Jackson to build a mountain and water resort at the Mirage. It is similar to Diamond Head in Hawaii and includes a pool, a water slide and high roller villas. It will cost about 15 million dollars and will be built behind the resort. Then it was opened in 1990.
Wynn exited the property and Mirage Resorts in 2000, and the company became MGM Grand Inc. Taken by, later dropped at MGM Mirage.
The hotel rooms were flipped in 2002, and a major renovation took place from 2005 to 2006 to help the Mirage compete with newer resorts. The project includes several restaurants and a night club, among other changes. This was the largest turnout since the resort opened.
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A $100 million renovation took place in 2008, renovating the casino floor and hotel rooms, and adding several restaurants.
In 2009, Phil Ruffin purchased the adjacent Treasure Island Hotel and Casino from MGM Mirage. He then offered to buy 65 acres of Mirage, but was turned down.
Ownership of the Mirage, along with most other MGM properties, was transferred to MGM Growth Properties in 2016, with MGM Resorts continuing to operate it under lease.
In 2019, Hard Rock International expressed interest in purchasing property on the Las Vegas Strip for a new Hard Rock resort, following the 2018 sale and proposed renovation of the original Hard Rock Hotel in Las Vegas.
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In August 2021, Vici Properties agreed to buy MGM Growth Properties, a deal that also includes the Mirage Bit estate. Three months later, MGM announced that it was in the early stages of selling the Mirage casino operations. MGM Resorts already operated nine other resorts, and was in the process of adding a third. CEO William Hornbuckle, who helped oversee the Mirage's operations, said the resort "is very short-term because of how much capital we're going to put into it in the near term. That's why we made a strategic decision to sell." that one." ".
In December 2021, Hard Rock agreed to buy the Mirage operations from MGM Resorts for $1.075 billion. Under the deal, Hard Rock will end a long-standing lease with Vici and rebrand the Mirage as Hard Rock Las Vegas. MGM will keep the "Mirage" name and pay Hard Rock for up to three years until the renewal takes effect.
Hard Rock also plans to build a hotel-guitar tower on properties like the Seminole Hard Rock in Florida.
This attempt failed, and the volcano will be demolished once construction on Hard Rock Crossing begins.
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The guitar tower is expected to be 500 to 660 meters. The county previously rejected Hard Rock's proposal for the 998-foot tower.
Mirage will operate throughout the turnaround and expansion project, which is expected to begin in 2024.
In 1992, guest Joseph Cantarino said he was beaten and robbed by two meters on the 16th floor of the hotel. M, who was never found, got $70,000
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