'Rock In Rio' Music Festival Sets It Sights On Las Vegas Strip

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A group including casino company MGM Resorts announced plans Monday to build a 33-acre open-air music venue on the Las Vegas Strip to host a four-day Rock in Rio USA festival beginning in May 2015.

MGM Resorts International officials said the "City of Rock" development to be built between the Circus Circus resort and Sahara Avenue would serve as home to what they expect will be one of the largest concert festival events in the world.

Rock in Rio began in 1985 in Brazil, where 600,000 tickets for the event last September sold out in four hours, according to organizers. Headliners included Justin Timberlake, Beyonce, Metallica and Bruce Springsteen. The organization also produces festivals in Portugal and Spain.

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