![]() The existing 3,000 rooms will grow to more than 3,600 when the guitar tower is added. The 3,044-room casino-resort will continue to operate as the Mirage Hotel & Casino until the renovation and rebranding of the property to the Hard Rock Hotel & Casino Las Vegas are complete. ![]() ![]() It also entered into a long-term lease agreement with VICI for a base rent of $90 million a year. Under terms of the deal, Hard Rock paid MGM $1.075 billion in cash for the operating assets of the Mirage. That’s always good for the surrounding assets and operators, because that in itself will be a draw.” ![]() “We’re very excited about that, because that’s a chance for us to invest incremental capital and frankly bring up the quality of the neighborhood by having a marquee Hard Rock on the Strip. “Take the Mirage, where we own the real estate, and Hard Rock’s renderings of the guitar tower,” Kieske said. ![]()
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