“As we finalized our architectural plans for Encore at Wynn Las Vegas, including additional casino area, rooms, meeting and convention space, food and beverage and retail elements, we realized that if we could convert the Broadway Theatre currently housing Avenue Q to the Grail Theatre for Monty Python's Spamalot, we would be able to most efficiently accommodate those new elements and meet the demands of our hotel addition, which is in excess of 2,000 rooms,” hotel owner Steve Wynn said in a statement. “By releasing the producers of Avenue Q from their exclusive non-touring agreement, we were able to accomplish this architectural goal without having to invade our golf course real estate.”

Avenue Q, the 2004 Tony Award winner for Best Musical, has been playing in Las Vegas since August 2005. The show has an exclusive contract with Wynn that prevented it from touring the country while playing in Las Vegas. Now that this production is closing, Avenue Q will likely hit the road.