“The families are targeting a closing of the transaction by year-end, subject to the satisfaction of customary closing conditions and approval of the NBA Board of Governors,” said a statement released by the Adelson and Dumont families.
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According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
The Formula One race was expected to generate $1.2 billion in economic impact. But some small businesses near the Strip say they didn’t see much of a benefit.
When thousands of race fans converge on Las Vegas later this month, it presents a huge economic opportunity. But some local residents still hate the idea.
Somebody ripped some holes in screens attached to the overpass glass designed to block views of the Formula One race course.
A Las Vegas man with an extensive college football memorabilia collection, including thousands of helmets, has put his home on the market.
Some more amenities are planned near Allegiant Stadium, with many planned to be open during the NFL season.
Officials say the new features are part of an effort to enhance the safety of everyone who visits the stadium.
Las Vegas has welcomed a number of professional sports teams in recent years and it has brought more sports fans to the city — causing retailers to take notice.
A formerly quiet, sprawling tract of land near the Strip is becoming a Formula One racetrack and the owner of a rental property next door is looking to sell for a hefty sum.