Las Vegas Atari Hotel Plans Hit Snag as Company Focuses on Single Location
In a major blow to gaming enthusiasts and investors alike, plans for an Atari-themed hotel complex in Las Vegas have reportedly been scrapped. According to a spokesperson, the Las Vegas deal "didn't come to fruition," leaving the city without its highly anticipated destination.
The news comes as a surprise, given that Phoenix was initially supposed to be the first site of the Atari Hotels chain, with other locations including Austin, Chicago, Denver, San Francisco, San Jose, and Seattle in line for development. However, it appears that the company has shifted its focus exclusively to the Phoenix location, citing the FAQ on its website.
Construction on the Phoenix hotel is still expected to begin later this year, with an opening date of 2028 now looking increasingly uncertain. In fact, the company has revealed that it's struggling to secure funding for the project, with a recent press release indicating that it needs to raise $35 million to $40 million to bring its "playable destination" for gamers to life.
The delay and financial struggles raise questions about the long-term viability of the Atari Hotels project. Despite initial enthusiasm from fans of classic video games, the company's ability to deliver on its promises remains uncertain, leaving many wondering if this ambitious venture will ever see the light of day in Las Vegas or elsewhere.
In a major blow to gaming enthusiasts and investors alike, plans for an Atari-themed hotel complex in Las Vegas have reportedly been scrapped. According to a spokesperson, the Las Vegas deal "didn't come to fruition," leaving the city without its highly anticipated destination.
The news comes as a surprise, given that Phoenix was initially supposed to be the first site of the Atari Hotels chain, with other locations including Austin, Chicago, Denver, San Francisco, San Jose, and Seattle in line for development. However, it appears that the company has shifted its focus exclusively to the Phoenix location, citing the FAQ on its website.
Construction on the Phoenix hotel is still expected to begin later this year, with an opening date of 2028 now looking increasingly uncertain. In fact, the company has revealed that it's struggling to secure funding for the project, with a recent press release indicating that it needs to raise $35 million to $40 million to bring its "playable destination" for gamers to life.
The delay and financial struggles raise questions about the long-term viability of the Atari Hotels project. Despite initial enthusiasm from fans of classic video games, the company's ability to deliver on its promises remains uncertain, leaving many wondering if this ambitious venture will ever see the light of day in Las Vegas or elsewhere.
I'm so disappointed 
about the Atari hotel plans getting scrapped 
... like who doesn't want a retro gaming paradise? 
The thought of having to travel all the way to Phoenix for it was just too far 
. Now they're focusing on one location which is kinda lame 
. I hope they can get their act together and make it work 
... but if not, I guess we'll just have to play retro games at home instead of visiting a themed hotel 
I'm kinda disappointed to hear that the Atari hotel plans for Las Vegas are off the table... but at the same time, it makes me think about why we get so caught up in our desires for flashy new projects and destinations? Like, do we really need a physical space dedicated just to gaming? It's almost as if we're seeking validation in these kinds of investments... is that what drives us, I wonder? 
And what happens when those investments don't quite pan out? Does it say something about our priorities or the state of our industry? 
. But, $35 million to $40 million is a pretty big chunk of change 
It's just not looking good for this project.
i was so hyped about that atari hotel complex in las vegas!!! 
anywayz, i'm still rooting for them to make it work... they seem like such a cool company 
and who doesn't love atari games? 
but now it seems like they're not even gonna get off the ground 
️, but it's hard not to feel a little disappointed 
i mean, who thought it was a good idea to build an entire hotel around a brand that's basically just nostalgic for most people? 
. and $35-40 million for a "playable destination" for gamers? that's just ridiculous 
$35-40 million is a lot to secure funding for and now they're focusing all their energy on one location 
.
. $35-40 million is a lot of cash, you know? I'm not surprised they're struggling to find funding... the gaming industry is super competitive these days 
- an Atari hotel in Vegas would've been a sick idea! Now it seems like they're putting all their eggs in the Phoenix basket and it's worrying them 
. The thing that really got me is that it was supposed to be a huge tourist attraction for Vegas, but now it's just...meh 