There will be a new player in Las Vegas soon. Stadium developer Oak View Group plans to build a $3 billion Las Vegas casino and arena district. Also, you can find it around ten minutes from the Las Vegas Strip. It will rise near the high-speed rail station.
Oak View Group plans to construct an arena with a 20,000-seat capacity. It will also feature a casino and hotel. Also, the stadium would cost $1 billion. Groundbreaking will take place next in 2023. Thus, it would be an excellent addition to a casino directory once completed.
Oak View said they wanted to construct it in Las Vegas because it is the entertainment capital. Also, they want it to be the best built in the region.
Las Vegas Casino and Arena Project
While the NBA has been holding its summer league in Vegas, it presently can’t seem to commit to bringing a group there. The closest to an NBA team is the Vegas Aces of the WNBA. Some live dealer casino experts wonder if the new venture can attract an NBA team to Las Vegas.
Chief Adam Silver has been looking at Sin City for a long time. In 2021, he expressed that while the NBA isn’t at the place of extension, Las Vegas will be in dispute to land an establishment when the opportunity arrives.
Some online slot machine operators recently anticipated Seattle and Vegas having an NBA franchise. However, an NBA representative claimed the rumors were baseless.
Oak View Group is also the developer of the new Climate Pledge Arena in Seattle and the UBS Arena in New York. In addition, the company has been constructing arenas and sports venues around the nation. Owner Tim Leiweke has almost twenty years of experience as head of AEG before venturing into Oak View Group.