MGM Resorts is considering bringing a NHL team to Las Vegas, but would such a venture be profitable?
MGM Resorts Global is in initial talks with group that wants to bring a nationwide Hockey League Team to Las Vegas to try out during the company’s new $350 million sports arena. The 20,000-seater MGM-AEG Arena, that is presently under construction behind ny ny, is crying out for the major league activities to call it home, as may be the entire city of Las Vegas.
The company’s CFO Dan D’Arrigo divulged the information during an interview utilizing the Las vegas, nevada Review-Journal, although he declined to say whether the talks devoted to the creation of a new team or of a current team going 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 that it could attract 100 to 150 events per 12 months, with a constant stream of concerts and honors shows, as well as mixed martial arts and boxing events, hockey and college baseball tournaments.
UFC, the largest mixed martial arts company in the world, owned by Stations Casinos’ Fertitta brothers, has pledged to keep five or six yearly fight shows at the stadium. The Fertittas are also head honchos at Ultimate Gaming, Stations’ online poker presence in Nevada.