From the Las Vegas Sun:
As Studio 54 at MGM Grand prepares to close after a decade-long run, entertainment and hotel executives this morning confirmed our earlier Vegas DeLuxe stories of the new fine dining and luxury nightlife concept that will open there in December. An Abu Dhabi property-investment company, Tasameem, is partnered in the new venture, the second Middle East group to be involved in Strip nightclub ventures.
As we previously reported, Angel Management Group, which also runs Wet Republic at MGM Grand (and its dozen properties include Pure at Caesars Palace and LAX and Savile Row at the Luxor), will convert Studio 54 into a lavish, multi-story nightclub.
The Las Vegas-based company also has announced a partnership with the London-headquartered global restaurant brand Hakkasan known for its Michelin-starred properties. A Middle East emirates property group owns Hakkasan. Vegas DeLuxe readers will recall that a similar oil-rich money group purchased half of the Light Group nightclub operations at other MGM Resorts on the Strip and also took a major position in the ownership of MGM’s CityCenter.
For the full article, visit www.lasvegassun.com.