Atari Hotel Plan for Las Vegas Scrapped as Phoenix Project Takes Center Stage
A major setback for gamers and investors alike: the plans for a gaming-themed Atari hotel in Las Vegas have reportedly been scrapped, leaving only the Phoenix location to move forward. According to a spokesperson for Atari Hotels, "it didn't come to fruition" in Las Vegas, with the company shifting its focus towards the Arizona site.
Initially announced six years ago, the project was slated to expand across eight US cities, including Austin, Chicago, Denver, and San Francisco. However, it seems that only Phoenix was always meant to be the starting point, with other locations struggling to stay afloat. The FAQ on the Atari Hotels website reveals that development agreements are being explored for Denver, but the prospects of other sites remain uncertain.
Construction on the Phoenix hotel, which had initially been set to break ground in 2020, is now expected to begin later this year, with an opening planned for 2028. However, financial concerns may pose a significant challenge to the project's success. The company still needs to raise $35 million to $40 million to bring its "playable destination" for gamers to life.
The news comes as a disappointment to fans of retro gaming and investors who had pinned their hopes on the Atari Hotel venture. With the Las Vegas location no longer in the picture, it remains to be seen whether Phoenix can live up to its promise and deliver a unique gaming experience that will captivate audiences.
A major setback for gamers and investors alike: the plans for a gaming-themed Atari hotel in Las Vegas have reportedly been scrapped, leaving only the Phoenix location to move forward. According to a spokesperson for Atari Hotels, "it didn't come to fruition" in Las Vegas, with the company shifting its focus towards the Arizona site.
Initially announced six years ago, the project was slated to expand across eight US cities, including Austin, Chicago, Denver, and San Francisco. However, it seems that only Phoenix was always meant to be the starting point, with other locations struggling to stay afloat. The FAQ on the Atari Hotels website reveals that development agreements are being explored for Denver, but the prospects of other sites remain uncertain.
Construction on the Phoenix hotel, which had initially been set to break ground in 2020, is now expected to begin later this year, with an opening planned for 2028. However, financial concerns may pose a significant challenge to the project's success. The company still needs to raise $35 million to $40 million to bring its "playable destination" for gamers to life.
The news comes as a disappointment to fans of retro gaming and investors who had pinned their hopes on the Atari Hotel venture. With the Las Vegas location no longer in the picture, it remains to be seen whether Phoenix can live up to its promise and deliver a unique gaming experience that will captivate audiences.
i was literally counting down the days till the atari hotel opened in vegas now i guess phoenix is gonna have to step up 
it's still gonna be cool but like... where's the love for las vegas, fam? 
. and $35-40 million is like, a lot of cash to shell out for a hotel 
... fingers crossed it all comes together tho 
but now it's all scrapped 
, can't believe! Phoenix is still getting a chance tho 
need to raise if they wanna make this thing happen lol. I feel bad for the investors who were counting on this project 
. i mean, an atari hotel? genius or total noob move? either way, the phoenix location is probs gonna be the only one that survives this mess 
like what happened to the others? anyway, im not surprised tbh, construction costs and funding can be super high, especially when you're talking about building a destination that's supposed to be all about gaming 
? The Las Vegas location was supposed to be this huge gaming hub, and now it's just... gone 
. But, I guess you can't blame the devs for being cautious – $35-40 million is a pretty penny to sink into a project 
anyway, i guess phx was always meant to be the real deal all along? idk man, 2028 opening seems super optimistic considering how much cash is still needed 
just heard about this 
atari hotel plans scrapped 
and $35-40 million is just crazy 
. i just hope phoenix doesn't end up being a disappointment like las vegas...that would be a major bummer 
. It's like trying to revive a dead format – won't work 
.
. Where's the substance? The real challenge is raising that $35 million to $40 million 
.
Phoenix is still gonna be a cool spot, but you gotta wonder how they'll manage to make it work financially... 
️
anyway, i guess we'll just have to wait and see if it's gonna come to fruition (pun intended). it would be kinda cool if they actually made it happen, but idk...