Hard Rock’s initial annual rent is $90 million, Vici said. The new operator has also outlined plans to gut the existing hotel as part of a plan to upgrade the property and expand its casino floor, convention space and theater.Īlso Monday, casino landlord Vici Properties, which owns The Mirage’s real estate, announced it has entered a lease with Hard Rock in connection with the sale closing. The deal, first unveiled in December 2021, could spell the end of The Mirage’s iconic outdoor volcano attraction along Las Vegas Boulevard, as Hard Rock is looking to build a guitar-shaped hotel tower on that site. MGM Resorts International announced Monday that it closed its nearly $1.1 billion cash sale of the Las Vegas Strip resort’s operations to Hard Rock International, owned by the Seminole Tribe of Florida. (Benjamin Hager/Las Vegas Review-Journal) Mirage is officially under new ownership.
