MGM Resorts International acquires WNBA San Antonio Stars
October 18, 2017 9:40 AM
by Robert Mann
Las Vegas-based MGM Resorts International has acquired the San Antonio Stars of the Women’s National Basketball Association (WNBA) and will move the team to Las Vegas.
The company announced the purchase Wednesday and industry experts say the move is designed to not only to boast tourism but also to help enhance Southern Nevada’s viability as home to a future NBA franchise. No purchase price was announced.
MGM’s statement on the acquisition says Bill Laimbeer, the former Detroit Piston and New York Liberty coach, will be head coach and president of basketball operations for the squad. The Stars will begin playing next year in the company’s Mandalay Bay Events Center.
Sports bettors in Nevada have had the availability to legally wager on WNBA contest since the league’s inception in 1996. That option is expected to continue.