US EditionMassive virtual arcade on the Las Vegas Strip files for bankruptcy after just one year in business
Electric Playhouse faces over $4.4 million in unpaid claims and a pending eviction after filing for bankruptcy amid declining Las Vegas tourism and hotel occupancy, court documents show.
- Electric Playhouse NV LLC, which operates the Electric Playhouse inside The Forum Shops at Caesars Palace, filed for bankruptcy after just one year of operation in Las Vegas.
- The company cited between $1 million and $10 million in assets and liabilities, with unsecured creditor claims exceeding $4.4 million.
- Electric Playhouse is an interactive entertainment concept that combines motion-activated gaming with dining and social experiences, featuring digital environments controlled by guests' movements.
16 Articles
16 Articles
Electric Playhouse 'open and fully operational' despite bankruptcy
ALBUQUERQUE, N.M. — Electric Playhouse confirmed their Albuquerque location remains “open and fully operational” despite a recent Chapter 11 bankruptcy filing. According to Electric Playhouse, the filing applies specifically to Electric Playhouse Las Vegas. That location is undergoing “a strategic financial reorganization” they say is intended for them to have flexibility to “negotiate new agreements with its creditors.” Electric Playhouse opene…
Electric Playhouse in Las Vegas Files for Bankruptcy Protection
timesng.com: LAS VEGAS, Nevada — Electric Playhouse NV LLC, a high-tech social gaming venue located at The Forum Shops at Caesars Palace, has filed for Chapter 11 bankruptcy protection. The petition was filed on Monday in the U.S. Bankruptcy Court for the District of Nevada, according to court documents. The company did not disclose specific reasons […] This post Electric Playhouse in Las Vegas Files for Bankruptcy Protection appeared first on E…
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