Las Vegas Sphere Sees Revenue Rise as it Hopes to Go Global
Skift Take
In recent months, the Las Vegas Sphere has been selling over $1 million a day in tickets, on average. But is that enough to recoup its $2.3 billion cost?
Sphere Entertainment Co. is still hoping for a global expansion, even as it grapples with hefty expenses and debt tied to the ambitious entertainment project.
The company is hunting for a location for a second venue after London blocked plans to open one there. The foiled plans in London led to a $116.5 million impairment charge.
The Sphere’s CEO James Dolan said Wednesday that the company is “focused on executing a global vision for
