One of the Strip’s most expensive nightclub projects will debut next month.

Angel Management Group announced the opening schedule Tuesday for the Hakkasan Las Vegas at the MGM Grand.

The $100 million construction project removed the location of Studio 54 at the front of the hotel-casino for the development of a five-level restaurant and nightclub, that will offer indoor and outdoor views of the Strip.

The construction project expanded the space and redeveloped the front of the MGM Grand, which is owned by MGM Resorts International.

The Hakkasan nightclub portion of the facility will open April 18. The 10,000-square-foot nightclub will include different experiences and celebrity entertainment, including electronic music headliners Tiësto, Calvin Harris, deadmau5 and Steve Aoki.

More…

MGM Resorts International Chairman and Chief Executive Officer Jim Murren signed a new employment agreement with the Strip casino giant that keeps him in his current position through 2016.

In a filing with the Securities and Exchange Commission late Thursday, the agreement calls for Murren to receive a base salary of $2 million per year along with various bonuses, benefits and stock awards.

Murren, a former Wall Street analyst, has been with the company since 1999. Prior to becoming chairman and CEO in December 2008, Murren served as chief financial officer. Murren replaced the late Terry Lanni, who retired.

Murren is leading MGM Resorts current expansion efforts. The company is seeking to build hotel-casino developments in Maryland, Massachusetts, and Toronto.

More…