![]() The cost to build the entertainment attraction behind The Venetian has grown by more than $300 million in the four years since its groundbreaking. He added that if a Tao sale takes place, directing those funds toward the completion of MSG Sphere “puts a lot of pressure on the project to deliver on. “If the company is considering selling Tao, this could factor into the timing of the proposed spin as not only would this create an additional transaction workstream, but it could have implications around proceeds and tax treatment,” Golding wrote. MSGE would then retain the operation of MSG Networks, MSG Sphere and Tao Group. He said the sale would be separate from a spin-off plan being explored by the MSGE board that would move the company’s traditional live entertainment business into a separate public entity. In a research note, Macquarie Securities entertainment industry analyst Paul Golding said he “tends to agree with The Post that if Tao is up for sale, this may be motivated by capital needs to complete the Sphere,” which is expected to open later this year on Koval Lane behind The Venetian. A spokesman for MSGE told the newspaper the company’s policy is to not comment on rumor or speculation. The New York Post reported the potential sale on Wednesday, estimating that MSGE’s 67 percent stake in the Tao Group could be worth $274 million. Tao, which has venues in London, Singapore and Dubai, operates 32 New York City restaurants. Madison Square Garden Entertainment (MSGE) has reportedly hired Goldman Sachs to explore a sale of Tao Group, a worldwide company whose operations encompass 17 restaurants, nightclubs, day clubs and pool lounges in Las Vegas, including Tao Nightclub and Tao Asian Bistro at The Venetian, Hakkasan at MGM Grand, and Beauty & Essex at The Cosmopolitan of Las Vegas. We gave them much more than what they asked for, and it was still less than half of what these other larger spas were asking.Developers of the $2.17 billion MSG Sphere are considering a sale of their upscale Tao restaurant and nightclub chain to help fund the project’s rising construction costs, which have now surpassed the budget for Allegiant Stadium. It wasn’t the most relaxing massage, but it felt amazing and they really helped both of us with very painful areas we had. Their massages are very intense, they really work out your needed areas. The ladies who gave us our massages were wonderful. We each had one masseause but were in the same room. It’s close to what is considered Vegas’ Chinatown, but the facilities and room/building were clean, welcoming, and calming. The location is not far from the strip, Easy and cheap Lyft or Uber ride. What made it even better is the hour long couples massage was only $89. I came across Mutao and they seemed like an established business, they offered a ton of different services, and when I called, they fit us right in for a couples massage. After looking at the ridiculous prices at the spas in the hotels and spas on the strip (I’m talking $495 for just 50 mins for plain couples massage), I started searching for some more affordable options. Of course, we wanted to pamper ourselves and get a couples massage. My husband and I took a belated honeymoon trip to Las Vegas a couple of weeks ago. ![]() Definitely check this place out!! They offer all sorts of products and services!!! Thank you Mutao!!! We gave them much more than what they asked for, and it was still less than half of what these other larger spas were asking. ![]() ![]()
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