Interactive entertainment company Strip concept files bankruptcy application
An interactive entertainment venue, Electric Playhouse NV LLC, has submitted a Chapter 11 bankruptcy application. This filing was made in the U.S. Bankruptcy Court for the District of Nevada. Although the company did not provide specific reasons for its filing, it has listed its assets and liabilities between $1 million and $10 million.
Financial Overview
According to court documents, Electric Playhouse has reported total claims exceeding $4.4 million from its 20 largest unsecured creditors. However, the bankruptcy clerk noted that the petition is incomplete. Missing documents include essential financial statements, creditor lists, and disclosures.
Operational Status
Despite the bankruptcy filing, Electric Playhouse remains operational. As of Tuesday morning, the venue was open to the public, and employees indicated they were not aware of any imminent changes to their hours of operation.
About Electric Playhouse
This Albuquerque-based company opened its first location in 2021, in New Mexico. In June 2024, it expanded to Las Vegas, occupying approximately 10,000 square feet on the Terrace Level of The Forum Shops at Caesars Palace.
Unique Offerings
Electric Playhouse combines motion-activated gaming with dining and social interaction. Guests can enjoy immersive technological experiences that feature:
- Motion-activated games
- 360-degree projection mapping
- Interactive digital environments
In this venue, visitors’ movements serve as controllers, allowing them to engage without the use of headsets or handheld devices.
Affiliations
It is important to note that Electric Playhouse operates independently. The venue has no affiliation with Caesars Entertainment, Vici Properties, or Simon Property Group, which manages The Forum Shops.
