MGM Resorts In Talks for Potential NHL Las Vegas, Nevada Team

MGM Resorts is evaluating bringing a NHL team to Las Vegas, but would such a venture be profitable?

MGM Resorts Overseas is in preliminary talks with a combined group that wants to bring A national Hockey League Team to Las Vegas to relax and play at the business’s new $350 million sports arena. The 20,000-seater MGM-AEG Arena, which will be presently under construction behind ny New York, is crying out for the major league sports to call it house, since is the entire city of Las Vegas.

The business’s CFO Dan D’Arrigo divulged the information during an interview with the Las Vegas Review-Journal, although he declined to express if the talks centered on the creation of the new team or of an existing group moving to the city. Conveniently, AEG, MGM’s partner in the arena, currently owns the Los Angeles Kings NLH team.

MGM and AEG went ahead using the sports arena project with no guarantee of a major league resident, because they were confident that it could attract 100 to 150 events per year, having a constant stream of concerts and honors shows, as well as mixed martial arts and boxing events, hockey and college baseball tournaments.

UFC, the biggest mixed martial arts company worldwide, owned by Stations Casinos’ Fertitta brothers, has pledged to keep five or six yearly fight shows at the stadium. The Fertittas are also head honchos at Ultimate Gaming, Stations’ online poker presence in Nevada.

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Rumo Weiterlesen

New Jersey Sports Betting Challenged by DoJ and NCAA

Sports leagues making the effort to stop Governor Chris Christie’s latest attempt to allow New Jersey activities wagering.

The latest New Jersey sports betting plan is facing a fresh hurdle, as professional recreations leagues and the National Collegiate Athletic Association (NCAA) have filed a court challenge to the state’s effort that is newest to permit casinos and racetracks to offer legal wagers on sporting events.

According to attorneys for the four major sports leagues plus the NCAA, nj-new jersey’s move is a ‘blatant violation’ of an earlier court order that blocked their state from regulating sports betting.

Republican Governor Chris Christie tried to circumvent that ruling by issuing a directive that could allow gambling interests in the state to take sports bets without having New Jersey regulate the practice. That was based on some remarks during the federal battle that is legal nj’s try to regulate sports betting, which suggested that the state could possibly get around the expert and Amateur Sports Protection Act of 1992 (PASPA) simply by not criminalizing the activity without actively having a submit overseeing it.

Leagues Blast New Jersey Plan

But lawyers for the leagues stated that this was a way that is absurd interpret the rulings, and that the game should be stopped before it begins.

‘Defendants’ latest arguments are nothing more than a blatant attempt to circumvent this Court’s injunction and the Weiterlesen