The Nevada Gaming Control Board, better known as Nevada's regulator, recommended Hard Rock approve the $1.08 billion acquisition of Mirage from its previous owner, MGM Resorts International, after a nearly four-hour auction.
But BetMGM will continue to manage the real estate's games and sportsbooks. James Allen, CEO and President of Hard Rock, said, "Personally, I'm excited about the action by the Control Board and it's a great day for the Hard Rock companies and I look forward to taking the next step with Nevada Gaming Board.
"I think it's a wonderful opportunity and as we stated in our testimony, we really took our hats off with MGM. They keep the building really incredibly well, so we're proud to keep it running until we switch to the Hard Rock brand."
If all goes well, Hard Rock will be the first Indian tribal-run iGaming company to serve Streep's customers.
However, two other companies beat Southern Nevada in hard rock: San Manuel Band and Mission Indians of Mohigan Gaming & Entertainment.