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Evening Standard
Evening Standard
Lifestyle
Lola Christina Alao

What is the Las Vegas Sphere? Music arena reveals nearly $100 million loss in latest quarter

U2 Sphere Las Vegas Las Vegas Sphere Vegas

The MSG Sphere has reported a loss of $98.4 million for the financial quarter ending on September 30, just a day after the venue first opened in Las Vegas Strip.

Though the loss was announced around a week after Gautam Ranj resigned as Sphere Entertainment’s chief financial officer, the company denies the two things were related. 

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