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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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26 Sep 2018 11:31

Immotion Interim Loss Widens But Outlook Confident On Maiden Revenue

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5 Sep 2018 11:36

Immotion Opens New Virtual Reality Centre In Cardiff Shopping Mall

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5 Sep 2018 08:35

Immotion opens Cardiff virtual reality centre, plans three more

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13 Aug 2018 11:24

Immotion To Roll Out Its First Virtual Reality Game Over Coming Weeks

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1 Aug 2018 10:44

Immotion opens latest virtual reality attraction in Yorkshire

(Sharecast News) - Immersive virtual reality entertainment business Immotion Group has opened a new 'ImmotionVR' location at Xscape Yorkshire in Castleford, it announced on Wednesday.

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24 Jul 2018 11:16

Immotion installing VR experience at Merlin's Legoland centre in Manchester

(Sharecast News) - Immersive virtual reality entertainment business Immotion Group has partnered with Merlin Entertainments at the Legoland Discovery Centre in Manchester, it announced on Tuesday.

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24 Jul 2018 10:49

Immotion Helps Merlin Bring Virtual Reality Lego World To Manchester

LONDON (Alliance News) - Immotion Group PLC on Tuesday said it partnered with Merlin Entertainments PLC's Legoland discovery centre Manchester.Under the deal, the virtual reality said

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