{"id":25824,"date":"2014-11-03T18:53:19","date_gmt":"2014-11-04T02:53:19","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=25824"},"modified":"2014-11-03T18:56:53","modified_gmt":"2014-11-04T02:56:53","slug":"mgm-resorts-in-talks-for-possible-nhl-las-vegas-team","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/","title":{"rendered":"MGM Resorts In Talks for Possible NHL Las Vegas Team"},"content":{"rendered":"
\"Possible
MGM Resorts is looking at bringing a NHL team to Las Vegas, but would such a venture be profitable? (Image: topbet.eu)<\/figcaption><\/figure>\n

MGM Resorts International is in preliminary talks with a group that wants to bring a National Hockey League Team to Las Vegas to play at the company’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 a major league sports to call it home, as is the entire city of Las Vegas.<\/p>\n

The company\u2019s CFO Dan D\u2019Arrigo divulged the information during an interview with the Las Vegas Review-Journal<\/em>, although he declined to say whether the talks centered on the creation of a new team or of an existing team moving to the city. Conveniently, AEG, MGM\u2019s partner in the arena, already owns the Los Angeles Kings NLH team.<\/p>\n

MGM and AEG went ahead with the sports arena project without the guarantee of a major league resident, because they were confident that it could attract 100 to 150 events per year, with a steady stream of concerts and awards shows, as well as mixed martial arts and boxing events, hockey and college basketball tournaments.<\/p>\n

UFC, the largest mixed martial arts company in the world, owned by Stations Casinos’ Fertitta<\/a> brothers, has pledged to hold five or six annual fight shows at the stadium. The Fertittas are also head honchos at\u00a0 Ultimate Gaming<\/a>, Stations’ online poker presence in Nevada.<\/p>\n

Media Rumors<\/h2>\n

Rumors have been swirling in the media for some time about an NHL team coming to Vegas, with a report last month by The Province<\/em> that it was already a \u201cdone deal\u201d apparently premature and denied by deputy commissioner Bill Daly, who said that the league had no plans to expand.<\/p>\n

Sports Business Daily<\/em> then waded into the debate, outlining why a Sin City NHL team was unlikely. Its reasons included the fact that one-third of Las Vegas residents work at night, when NHL games are played, as well as that Las Vegas is also not a big TV market, meaning local broadcast rights would not generate enough profit.<\/p>\n

The paper also wondered whether the casinos would be willing to encourage its Vegas-based customers to leave the gaming tables for more than three hours to go and watch the game, and cited a recent NBA-commissioned survey that concluded that a team in Las Vegas would not make a profit.<\/p>\n

Mixed Reaction to MLS Effort<\/h2>\n

Despite the desire for a major league team in Las Vegas, concerns about profitability and financing linger. A recent plan by Las Vegas Sands shareholder Jason Ader to bring Major League Soccer team to the city has been met with mixed reactions, partly due to concerns over the $350 million costs, some of which would have to be fronted by the taxpayer, and partly, perhaps, because Americans aren\u2019t completely sure whether they love soccer that much quite yet.<\/p><\/blockquote>\n

Nevertheless, it seems MGM thinks that a Las Vegas NHL team could be an exciting prospect.<\/p>\n

\u201cWe would be supportive of an NHL team coming to our arena,\u201d D\u2019Arrigo said. \u201cWe\u2019re highly interested and we have been in discussions with a group.\u201d<\/p>\n

The arena is being built to NBA and NHL specifications, and will offer high-end seating options, ranging from spacious clubs and 50 luxury suites to more than 25 luxury loge boxes. The venue is scheduled for completion in 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"

MGM Resorts International is in preliminary talks with a group that wants to bring a National Hockey League Team to Las Vegas to play at the company’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 a major league sports to […]<\/p>\n","protected":false},"author":42,"featured_media":25832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,16],"tags":[],"acf":[],"yoast_head":"\nMGM Resorts In Talks for Possible NHL Las Vegas Team<\/title>\n<meta name=\"description\" content=\"MGM Resorts in preliminary talks to bring NHL team to the MGM-AEG Arena in Las Vegas.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGM Resorts In Talks for Possible NHL Las Vegas Team\" \/>\n<meta property=\"og:description\" content=\"MGM Resorts in preliminary talks to bring NHL team to the MGM-AEG Arena in Las Vegas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-04T02:53:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-11-04T02:56:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/11\/Possible-Las-Vegas-NHL-team.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/\",\"url\":\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/\",\"name\":\"MGM Resorts In Talks for Possible NHL Las Vegas Team\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/11\/Possible-Las-Vegas-NHL-team.jpg\",\"datePublished\":\"2014-11-04T02:53:19+00:00\",\"dateModified\":\"2014-11-04T02:56:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"MGM Resorts in preliminary talks to bring NHL team to the MGM-AEG Arena in Las Vegas.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/mgm-resorts-in-talks-for-possible-nhl-las-vegas-team\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/11\/Possible-Las-Vegas-NHL-team.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/11\/Possible-Las-Vegas-NHL-team.jpg\",\"width\":640,\"height\":410,\"caption\":\"MGM Resorts is looking at bringing a NHL team to Las Vegas, but would such a venture be profitable? 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