Vegas, baby? Arena Envisioned to Draw Pro Team to Las Vegas
Casino giant Harrah’s Entertainment Inc. announced last Wednesday that it will partner with AEG, the company that brought David Beckham to the Los Angeles Galaxy, to build a 20,000-seat arena in Las Vegas capable of housing an NBA or NHL team.
The $500 million arena, behind the Bally’s and Paris hotel-casinos on the Las Vegas Strip, is projected to open in 2010. It’s a step toward attracting a pro sports franchise to a city that has tried to persuade reluctant league officials to look past its legalized sports betting.
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