LAS VEGAS (KTNV) — MSG Entertainment is currently building a state-of-the-art venue in Las Vegas, called MSG Sphere.
The widespread global effects of COVID-19 have resulted in significant impediments to construction that are beyond the Company’s control, including disruptions to its supply chain.
As a result, the Company will implement a temporary suspension of construction, with all work ceasing over approximately the next two weeks.
The Company remains committed to building a state-of-the-art venue in Las Vegas and looks forward to quickly and efficiently resuming construction as soon as practicable.
As a result of this delay, the Company does not expect to achieve its goal of opening the venue in calendar year 2021.