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When the Hakkasan opened up the most expensive club ever built in the world in April 2013, CEO Neil Moffitt said they were not satisfied with where they stood. With the $100 million, 80,000 square-foot mega-club - the largest of its kind in North America - Hakkasan has established itself as a major player in the hyper competitive Las Vegas club scene. The club has decided to expand its reach as a hospitality brand and has been aggressively looking to acquire rival clubs within the space. Their latest move according to Forbes, is set to complete a negotiation with Morgans Hotel Group over their stake in the Light Group, the owners of Light Nightclub and 1 Oak.
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