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The
sprawling 10,000-square-foot Las Vegas gaming venue is equipped
with a network of sensors that track the movements of guests 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 the walls and furniture
of the kaleidoscopic, windowless rooms responding to body
movements to create interactive games.
The company has between $1 million and $10 million in assets,
and will not be able to pay unsecured creditors after
administrative fees associated with the bankruptcy are paid,
according to court filings.
The venue opened in Las Vegas, a city known for pricey shows and
around-the-clock gambling, just three years after the first
location opened in Albuquerque, New Mexico, in 2021.
The court filings didn't list a reason for the company's
financial turmoil and an attorney for the company couldn't be
reached for comment.
Tourism in Las Vegas was markedly down this summer, with resorts
and convention centers reporting fewer visitors compared to last
year, especially from abroad. There was an 11% drop in June 2025
compared to the same month the year prior, when the new Electric
Playhouse opened. In that time, hotel occupancy has also fallen
by about 15%, according to data from the Las Vegas Convention
and Visitors Authority.
Still, many businesses in the world famous partying destination
characterize the downturn as a return to normal after a
post-pandemic spike, and remain optimistic.
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