MSG’s Las Vegas Sphere venue sees further building cost increase

[ad_1] Madison Square Garden Entertainment’s (MSG Entertainment) highly anticipated Las Vegas Sphere venue is set to cost $2.3bn (£1.8bn/€2.1bn), after the company reported a cost increase of a further $125m.  According to reports, documents showcasing the $125m increase were filed with the US Securities and Exchange Commission (SEC) yesterday (Wednesday). The Sphere at The Venetian’s …

MSG Entertainment announces sale of Tao Group Hospitality to Mohari Hospitality

[ad_1] Madison Square Garden Entertainment Corp (MSG Entertainment) has announced that it is selling its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors.  The transaction values Tao Group Hospitality, which delivers premium experiences through its restaurants, nightclubs, lounges and other venues, …

Tao Group Hospitality launches NFT ticketing at New York’s Marquee

[ad_1] Global hospitality giant Tao Group is introducing a three-night NFT ticketing takeover at New York City’s iconic Marquee nightclub later this month through a partnership with YellowHeart. Around 2,000 NFT tickets for the events will be sold exclusively on YellowHeart’s marketplace before the events take place on June 22, 24 and 25. Ticket prices …