The theater construction will cause some of MGM Resorts' signature shows to be shuffled around. Blue Man Group will move from Monte Carlo to Luxor this fall, while Jabbawockeez will move from Luxor to MGM Grand. This means both of these shows will be moving back to the properties where they first performed in Las Vegas.
With a 5,000 seat theater it looks like MGM Resorts is looking to attract the type of headliners who currently reside at The Colosseum at Caesars Palace and the AXIS Theater at Planet Hollywood - both owned by Caesars Entertainment.
The Monte Carlo theater will also help attract even more people to restaurants and bars which will be a part of The Park development. Between the arena and the theater there should be an event going on almost every night of the week.
Monte Carlo has been rumored to undergo a re-branding that could include a new name. It would make sense if this renaming takes place around the time of the theater and arena opening in 2016. We will have to see if Monte Carlo gets a new name, or if they decide to keep it as Monte Carlo.
Renderings: MGM Press Release.
