The $375 million MGM arena near the Strip and Tropicana Avenue will have a naming rights partner and up to 10 founding partners within 45-60 days, according to a senior executive with AEG, MGM’s partner in the facility.
There is no sign of a change in the optimism of those who hope the arena will be home to a major league sports franchise in the National Hockey League.
The Los Angeles Times reports that the application of a Las Vegas group has “advanced to the third phase.” Another group hoping to bring the League back to Quebec City, Canada, has reached he same stage, a “prelude” to bringing the expansion to a vote by the League’s board of governors.
The two franchises could join the League for he 2017-18 season. The contrast can be counted on to generate a lot of conversation, Quebec being a traditional hockey market and Las Vegas being new to all the major league sports operations.
Whatever comes of the vote, the arena will be ready for business in the spring offering a long line-up of concerts and assorted major events, perhaps 140 a year, assuming the NHL awards a franchise to Las Vegas.
The arena project made a milestone last week with the pouring of concrete to form the event floor – whatever the event might be.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].