The future of the Las Vegas icon, The Mirage, was outlined to the Nevada Gaming Control Board this week, indicating that buyer Hard Rock plans to spend huge amounts on the position right on the Strip.

The Mirage, Las Vegas

The venue will operate as it is through 2023 before work begins on turning it into the Hard Rock Las Vegas, surmounted by a huge, guitar-shaped tower at the front where the famous volcano eruption captures crowds each day.

Reporting on the meeting with the board, the Nevada Independent said that Hard Rock, owned by the Seminole Indian Tribe from Florida, is buying The Mirage for $1.2bn. The location will close at the end of 2023 ready for a two-years-plus renovation project.

Hard Rock CEO, Jim Allen, said: “We anticipate spending billions of dollars to develop a new destination resort on the Strip.”