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The Sphere, a $2.3 billion Las Vegas venue, faces financial challenges due to its parent company's debt.
The Sphere, a $2.3 billion Las Vegas concert venue, faces financial challenges despite its innovative design and successful opening.
The venue, primarily designed for long residencies, has expanded into hosting sporting events and corporate engagements to diversify income.
However, its parent company, Sphere Entertainment, struggles with MSG Networks' debt over $800 million.
Despite these issues, the Sphere continues to book acts and plans a second venue in Abu Dhabi, along with smaller venues.
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La Esfera, una sede de Las Vegas de 2.300 millones de dólares, se enfrenta a desafíos financieros debido a la deuda de su empresa matriz.