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IN BRIEF: Immotion optimistic for VR attraction as Las Vegas reopens

Tue, 27th Apr 2021 11:48

Immotion Group PLC - Manchester, England-based entertainment company - Says, with effect from May, the Las Vegas Strip, home to Immotion's flagship virtual reality theatre installation, 'Undersea Explorer' at Shark Reef Aquarium, will be allowed to expand all attractions from 50% to 80% capacity. In addition, the state governor of Nevada has said he intends to open the entire state back to 100% capacity on June 1.

"With the pandemic's impact on our business on the wane, especially in the US, we had always hoped for a good summer for our Las Vegas venue, but with the county and state's proactive moves on re-opening over the past weeks, we believe we will have the conditions in place for a very strong bounce-back," said Commercial Director Rod Findley.

Current stock price: 6.22 pence, up 0.3% on Tuesday

Year-to-date change: up 50%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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