"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."