Naming rights for the AEG/MGM Resorts International 20,000-seat arena could be worth $2 million to $10 million per year — if Las Vegas lands a pro sports team.
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University of Nevada, Las Vegas officials are working with a sports facility consultant to draw naming rights deals in hope of generating more money from its three-building campus sports complex.
One year of construction has been completed and there’s one year to go before the newest entertainment venue in Las Vegas will open.
At first blush, it might sound creepy and Big Brotherish — cameras documenting an arena visitor’s gender and age, then computers digesting facial images to generate digital ads, music and food selections tailored to fit a crowd’s demographic composition. But this kind of technology will be used at the MGM-AEG arena on the Strip.
The University of Nevada, Las Vegas Foundation, UNLV’s nonprofit fund-raising arm, has entered a deal with Wells Fargo to buy a 42-acre site at Koval Lane and Tropicana Avenue for $50 million for a potential football stadium, or other uses.
Developers of the $375 million arena behind New York-New York on the Strip have signed two major global brands — Toshiba and Coca-Cola — as founding sponsorship partners for the venue that is scheduled to open in April 2016.
Nearly five months after staging an arena ground breaking, the developer of a $1.4 billion hotel and arena project next to SLS Las Vegas on the Strip is still working on a development agreement with Clark County that is needed before lenders will release funds and construction can begin.
Las Vegans will not get a chance to weigh in on millions of dollars in public soccer stadium subsidies after all.
The city of Las Vegas spent $3.1 million on a failed soccer stadium project in Symphony Park, according to a staff report presented to City Council members Wednesday.
Nevada Commission on Tourism members on Monday approved the means to pay for the 1,200-space garage on 61 acres of former Union Pacific railroad yard in Symphony Park.
The political chess match surrounding Las Vegas’ apparently dead soccer stadium continues at City Hall, where Mayor Pro Tem Stavros Anthony on Wednesday pressed for a vote that would tie up millions of dollars in public funds once earmarked for the venue.
Las Vegas city leaders are puzzling over a proposed ordinance that would block a citywide vote on a proposed soccer stadium, though the measure set for a City Council vote next week doesn’t actually say that.
Plans to spend public money on a proposed Las Vegas soccer stadium might have flat-lined, but city leaders aren’t quite ready to sign the death certificate.
Mayor Carolun Goodman and the other members of the City Council who voted in December to go forward with the $200 million private stadium are probably privately grateful the development has come to an end in February and not closer to election day.
The MLS snub ends years of planning and controversy over public subsidies for a downtown stadium.
It’s easy to get a new soccer stadium that Las Vegas taxpayers may not want. Just call it something else. Stadium subsidy opponents fear that’s the reasoning behind a bill set for introduction at City Hall next week.
The new arena on the Strip is more than a year way from opening, but it has landed its first major sponsor — a global brand name unusual for a big-time sports and entertainment facility.
Bill Foley, the 69-year-old pied piper of NHL hockey in Sin City, and his local partners, the Maloof brothers, will officially start accepting season ticket deposits for a possible big-league hockey club.
Not only is Las Vegas’ bid for a Major League Soccer franchise mired in political turmoil over an approved stadium financing plan, the city and its stadium-development partner are competing against two other cities that already have minor-league soccer clubs, ticket-buying fan bases and stadium proposals in place.
Mark Faber, AEG senior vice president for global partnerships, is selling luxury suites and premium seating packages for the $375 million arena being built by the MGM Resorts International-Anschutz Entertainment Group partnership.
Las Vegas voters should get a chance to weigh in on using public funds to help pay for a controversial downtown soccer stadium, a judge decided Friday.
Las Vegas Councilman Bob Beers either has way too many or way too few signatures needed to put a publicly subsidized soccer stadium on the June 2 municipal election ballot, but he won’t know until at least a few more days.
Clark County commissioners on Tuesday unanimously passed a resolution opposing the city of Las Vegas-proposed tourism improvement district that would clear the way for a parking garage to be built that would be available for events at a potential downtown soccer stadium project.
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