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MGM and Tao Group agree to close Jewel Nightclub in Las Vegas

Deals & M&A

MGM Resorts International said it and Tao Group Hospitality mutually agreed to close Jewel Nightclub at Aria on 21 November 2026. The club opened in May 2016, and MGM said it has no immediate plans for the 24,000-square-foot space.

The closure removes a nightclub operated by Tao Group Hospitality in partnership with MGM Resorts International from the Las Vegas market.

End-of-day close MGM Resorts (MGM), USD, to 2 November 2026
Story date21 September 20262 November 2026

Latest reported results

MGM Resorts NYSE: MGM

Quarter ended 30 September 2026

Revenue
USD 4.21bn10-Q filing 0000789570-26-000107
Operating income
USD 118.7m10-Q filing 0000789570-26-000107

Status and next steps

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