MGM Resorts International wants to build a privately funded, 20,000-seat indoor arena behind the New York-New York and Monte Carlo resorts that would feature boxing, top-draw headliners and special events.
Its partner is the pre-eminent sports and entertainment promoter AEG, whose collection of arenas includes the Staples Center and the Home Depot Center in Southern California, Best Buy Theater in Times Square, New York, and facilities in Shanghai, Beijing, Sydney, Stockholm and elsewhere.
The project, announced Friday morning, is anticipated to be financed with equity contributions from each of the partners as well as privately funded third-party financing, the company said in a statement.
via MGM Resorts announces plan for 20,000-seat arena – Las Vegas Sun News.
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