MGM Resorts is looking at bringing a NHL team to Las Vegas, but would such a venture be profitable?
MGM Resorts Overseas is in initial talks with a combined group that wants to bring a nationwide Hockey League Team to Las Vegas to play at the company’s new $350 million sports arena. The 20,000-seater MGM-AEG Arena, that is currently under construction behind ny nyc, is crying out for a league that is major to call it home, as could be the entire city of Las Vegas.
The business’s CFO Dan D’Arrigo divulged the information during an interview with the Las Vegas Review-Journal, although he declined to say perhaps the talks dedicated to the creation of the new team or of a current group moving to the city. Conveniently, AEG, MGM’s partner in the arena, already owns the Los Angeles Kings NLH team.
MGM and AEG went ahead utilizing the sports arena project without the guarantee of a major league resident, that it could attract 100 to 150 events per year, with a steady stream of concerts and awards shows, as well as mixed martial arts and boxing events, hockey and college basketball tournaments because they were confident.
UFC, the largest blended martial arts company worldwide, owned by Stations Casinos’ Fertitta brothers, has pledged to put on five or six fight that is annual at the stadium. The Fertittas are also head honchos at Ultimate Gaming, Stations’ online poker presence in Nevada.
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