MSG Sphere at The Venetian to cost more than $1.2 billion

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LAS VEGAS (KLAS) — The latest estimates on the planned spherical entertainment venue on the Las Vegas Strip are between $1.2 and $1.7 billion. Those numbers are from company and project officials and were disclosed Tuesday during quarterly company earnings.

The MSG Sphere could cost more than four times the $375 million it took to build T-Mobile Arena, which opened in 2016.

MSG Sphere is set to open in 2021 with a huge wrap-around LED screen and immersive audience experience technology. The 18,000 seat arena is a partnership between MSG and Las Vegas Sands.

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