Mega-fight will be Las Vegas style high roller event
April 27, 2015 5:44 PM
by Phil Hevener
They are calling it a mega-fight, but whatever the label anyone hangs on it Saturday’s fight at the MGM Grand Garden between Floyd Mayweather Jr. and Manny Pacquiao is this year’s ultimate high roller event.
About 500 of the 16,700 seats were made available to the public last week and they sold out in less than two minutes. The tickets were priced from $1,500 to $7,500 and there was a four-ticket limit per household.
There are no tickets left for the public. The promoters and MGM have them all and when the numbers associated with pay per view and room rates at local hotels are added up a lot of records will have been set.
“I just hope the fight is a good one, maybe a split decision or close enough that we can bring them back for maybe a couple more fights,” said a casino executive at one of the MGM casinos.
Thousands of tickets for the closed circuit viewing of the fight at MGM resorts on the Strip were also quickly sold for $150. Within minutes after the tickets reserved for the public has been sold, secondary ticket markets were listing seats from about $5,200 – probably in the Garden’s nose bleed section – to $140,000 for a floor seat.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. He can be reached at PhilHevener@GamingToday.com.