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Mr. MacPhisto is one of Bono's (the lead singer of U2) alter-egos.
MachPhisto, portrayed at the Devil, is a washed up rock star, trying to give himself a dignified end in Vegas.
He is The Fly, after the evil of The Fly (his megalomania, self obsession, lust for power) has turned into a want of money and legacy.

Why Bono chose to become this character is confusing at best, but Mr. Machphisto did not continue after the end of the Zooropa tour.
Money, money, money, money, money, money, money, money...
Fever... getting higher.
by Conan Reich August 15, 2005
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