History
The Hard Rock Hotel & Casino was built in 1995 by Peter Morton, co-founder of the Hard Rock Cafe. It was expanded in 1999, and began another expansion in 2007. In June 2002 influential rock bassist John Entwistle of The Who died in one of the hotel's rooms. The hotel management originally refused to release the room number out of respect, but later reports indicate that Entwistle died in Room 658 (considered a "deluxe suite"). Many fans still pay tribute to Entwistle, by visiting the hotel.
On May 11, 2006, the Morgans Hotel Group signed definitive agreements with its partners to purchase the Hard Rock Hotel & Casino. As part of the deal, MHG retains the rights to use the Hard Rock name for hotels and casinos in the Western United States and certain other territories, 23 acres (9.3 ha) of land for expansion on the corner of Harmon and Paradise for $770 million. Morgans operated the property and had a 12.8% equity partner in the venture along with DLJ Merchant Banking Partners until February 2011. On October 25, 2008, professional wrestling show TNA iMPACT! broadcast their first HD show from the building.
Read more about this topic: Hard Rock Hotel And Casino (Las Vegas)
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