tao group
Controlling interest in Tao Group sold by Madison Square Garden Hospitality
In 2017 Madison Square Garden Entertainment purchased a 67% share of the Tao Group for $181 million. MSGE has entered into an agreement to sell their share for $300 million to Mohari Hospitality (founded by the founder of Poker Stars), effectively valuing the entire company at $550 million. J. Allen Smith, Managing Partner, Mohari said …
Majority share of the Tao Group Being Shopped
James Dolan, the owner of the New York Knicks and the New York Rangers, is reportedly considering selling his share of the Tao Group, which includes a number of high-end nightclubs and restaurants. The company, which was founded in the early 2000s, has locations in cities across the United States, as well as internationally. A …
2022 Coachella Party List!
Once again EDM Life will be the best place to find out about Coachella’s hottest parties taking place the same time as the festival! Look back at our 2020 Coachella Party List (before it all got cancelled!), 2019 Coachella Party List and 2018 Coachella Party List. For media inquiries or if you wish to have …
Inomniac takes over OMNIA San Diego
Expanding their nightclub presence, nightlife promoters Insomniac have announced they have taken over operation of the OMNIA San Diego nightclub now rebranded as Nova SD. The news notes this is a partnership between Insomniac and Tao Group Hospitality. This comes after Tao Group’s purchase of Hakkasan which included the San Diego venue. The opening weekend …
The Rumored Merger of Las Vegas Nightlife Titans is true with the Tao Group’s acquisition of Hakkasan Group
Nightlife in Las Vegas has just seen the most significant merger in its history as New York City-based Tao Group Hospitality acquired its Las Vegas headquarters. Both companies are two of the biggest players of nightlife and restaurants in Las Vegas and other major cities around the world. Each has a share of the city’s …
Hakkasan’s Wet Republic in Vegas Revamps for Summer 2020
The 54,500 square foot monster pool club at the top of MGM promises an even more epic season of poolside partying with its multimillion dollar facelift, including new plunge pools and cabanas, a revamped culinary program, and a reimagined stage and audio-visual experience. Technical upgrades consist of a 4,000 square foot LED display and a 13-foot …
Massive new nightclub coming to the Palms in Las Vegas
The former Rain at the Palms which has been closed for several years is now planned to be converted into a 29,000 SF nightclub and 73,000 SF pool and dayclub which will be open all year. The pool/dayclub will have a maximum occupancy of 5,000 at one time. The day/nightclub venues will be managed by …
Want to party just 1 day at EDC but VIP-style? check this out!
Now that the EDC schedule is out maybe you decided to book that last minute flight to Las Vegas to see one of your favorite djs? Here’s the only way to get in with single-day style… Insomniac has partnered with Marquee to offer VIP table service each night. Want to roll with a group of …
