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A giant virtual arcade located at las vegas strip It filed for bankruptcy after only one year of operation, facing pending evictions and millions in unpaid claims, court documents show.
The Electric Playhouse in Las Vegas, a high-tech gaming and dining center inside a world-famous mall Caesar’s Palace The resort submitted the application to the federal court on Monday. The filing requested that the bankruptcy proposals be heard on an accelerated timeline so that existing employees could be paid on Friday.
The massive 10,000-square-foot Las Vegas gaming venue is equipped with a network of sensors that track guests’ movements to create a digital avatar, “similar to a player inside a video game,” the website said. Guests use their bodies to play games instead of controllers or consoles, with kaleidoscopes, the walls and furniture of windowless rooms reacting to body movements to create an interactive game.
The company has between $1 million and $10 million in assets, according to court filings, and will not be able to pay unsecured creditors after paying administrative fees associated with the bankruptcy.
This location opened in Las Vegas, known for expensive shows and 24-hour gambling, just three years after the first location opened. albuquerque, new mexicoIn 2021.
No reason for the company’s financial turmoil was listed in court filings and the company’s attorney could not be reached for comment.
Tourism Las Vegas experienced a significant decline this summer, with resorts and convention centers seeing fewer visitors than last year, especially from overseas. That was an 11% decline in June 2025 compared to the same month a year earlier, when the new Electric Playhouse opened. In that time, hotel occupancy has also declined by about 15%, according to data from the Las Vegas Convention and Visitors Authority.
Still, many businesses in the world-famous party destination remain optimistic about what they describe as a return to normality after a post-pandemic recession.