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Cordish has four months to finalize downtown Las Vegas arena deal

Proposed Las Vegas arena

Cordish Companies has four months to finalize a downtown Las Vegas arena financing plan, as the city council is clearly growing impatient with the firm. Read More »

MGM, AEG announce new Las Vegas arena

newlasvegas

After years and years of talk, we have movement on a new Las Vegas arena, with AEG and MGM Resorts International finalizing plans for a new Populous-designed project between New York-New York and Monte Carlo resorts. Read More »

Voters overwhelmingly reject new Nassau County arena

In the end, it wasn’t even close: by a margin of 57 against and 43 percent for, Nassau County voters overwhelmingly rejected a bond referendum providing $350 million for a new New York Islanders arena. The vote would have borrowed $400 million for a new arena and a $50-million minor-league ballpark. There certainly was a light turnout for the referendum, ... Read More »

Caesars wins Vegas arena battle; long battle still ahead

Caesars Entertainment won a huge battle by persuading a state judge that a referendum on raising Strip sales taxes for a new arena is legal, but other factors still may bring the project to a screeching halt. The issue: Caesars and the Arena Initiative Committee want to see the sales tax on the the Strip raised from 8.1 percent to ... Read More »

IDM shifts direction on Vegas arena, heads downtown

International Development Management, which had pitched a Silver State Arena on the Vegas Strip, has shifted direction and is now proposing a new arena, football stadium and minor-league ballpark in downtown Las Vegas, bringing a new chapter to the area’s arena wars. The prime tenant of the facilities: the University of Nevada, Las Vegas sports teams. The proposal from International ... Read More »

New Vegas events center would be home of Runnin’ Rebels

{jathumbnail off} Majestic Realty and its partners unveiled plans for a new 40,000-seat events center next to Thomas & Mack Center that would serve as the new home of the UNLV Runnin’ Rebels, with the old arena consigned to a backup role. The plan from Majestic — also in the news for proposing a new stadium in suburban Los Angeles ... Read More »

Renovations pitched for Thomas & Mack Center

An expansion of athletic facilities at the University of Nevada, Las Vegas (UNLV) proposed by private developers could include a much-needed renovation of Thomas & Mack Center. UNLV officials love to push Thomas & Mack as the busiest arena in college sports, which is true — but a little misleading, as it’s the only major arena in a busy town ... Read More »

Casinos file suit to block new Vegas arena

MGM Grand and Boyd Enterprises, behind the shield of Taxpayers for the Protection of Nevada Jobs, have filed suit against a citizens group seeking to build a new Las Vegas arena behind Harrah’s, funded with a 0.9 percent hike in the Strip’s sales tax — and there’s some merit to their arguments, if third parties can be believed. The group opposes ... Read More »

New Orleans ownership group emerging

A potential Louisiana-based ownership group for the New Orleans Hornets is emerging, as locals work to keep the NBA franchise in New Orleans Arena despite interest from other cities. The group could include local attoney Morris Bart and current minority owner Gary Chouest, who now says he could up his stake in the team from 35 percent to more than ... Read More »

Jindal swats down talk of state subsidies for Hornets

Louisiana Gov. Bobby Jindal says there’s no way state services will be cut in order to increase state subsidies for the New Orleans Hornets (NBA) and argues the best way to keep the team is for fans to show up so the team can’t leave its lease for three years. Jindal, a Republican politician with national aspirations, made his comments ... Read More »

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