MGM Resorts is considering bringing a NHL team to Las Vegas, but would such a venture be profitable?
MGM Resorts International is in preliminary talks with a combined group that wants to bring a nationwide Hockey League Team to Las Vegas to play during the business’s new $350 million sports arena. The 20,000-seater MGM-AEG Arena, which is currently under construction behind New York New York, is crying out for the major league activities to call it home, because is the whole city of Las Vegas.
The business’s CFO Dan D’Arrigo divulged the information during a meeting with the Las Vegas Review-Journal, although he declined to say perhaps the talks dedicated to the creation of a new team or of an existing team moving towards the city. Conveniently, AEG, MGM’s partner in the arena, already owns the Los Angeles Kings NLH team.
MGM and AEG went ahead with the sports arena project with no guarantee of a major league resident, because they were confident so it could attract 100 to 150 occasions per year, having a constant stream of concerts and prizes shows, as well as blended martial arts and boxing events, hockey and college baseball tournaments.
UFC, the largest blended martial arts company on earth, owned by Stations Casinos’ Fertitta brothers, has pledged to put up five or six yearly fight programs at the stadium. The Fertittas are also head honchos at Ultimate Gaming, Stations’ online poker presence in Nevada.