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Las Vegas Arena Talk
by Paul on 09/15/08 at 06:14 PM ET
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from Ron Kantowski of the Las Vegas Sun,
A report in today’s Sports Business Journal, citing inside sources, said Harrah’s will no longer partner arena developer AEG on a proposed 20,000-seat arena behind the Las Vegas strip.
The Journal said a group of investors including Hollywood producer Jerry Bruckheimer, MGM Studios CEO Harry Sloan and Wall Street financier David Bonderman would instead partner AEG on the project that was announced in August, 2007….
According to the Sports Business Journal, NHL executives were concerned that if Harrah’s remained as a partner, the other strip properties might not want to support the $500 million project by purchasing suites and driving other business toward a casino rival.
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[throws his hands to his face and laughs]
Dummies…
Posted by SYF from a "Bron-Y-Aur Stomp" on 09/15/08 at 09:52 PM ET