![]() ![]() And obviously, given the location and the conversation about a pedestrian bridge from it to the park, which is obviously where T-Mobile sits, we think it could bring about 400,000 tourists a year to the valley that wouldn’t otherwise come. ![]() Hornbuckle expressed enthusiasm at the prospect alongside concerns about taxes and public funding: MGM Resorts International and Caesars Entertainment received questions about the A’s during their earnings calls.ĬEOs Bill Hornbuckle (MGM) and Tom Reeg (Caesars) provided similar statements. Many companies are releasing their first-quarter results and fielding investor questions at this time of year. MLB Commissioner Rob Manfred said he supports the move and hopes for finality by the end of the year. Las Vegas is one of the fastest-growing metropolitan areas and provides better infrastructure. Kaval said that the need to find a long-term home for the team is what shifted his focus from Oakland to Las Vegas. Though the A’s will purchase the land, they will transfer ownership to the Las Vegas Stadium Authority, which also oversees Allegiant Stadium. Construction will be an estimated $1.5 billion, and the final stadium will seat between 30,000 and 35,000 people. The location is ideal for visitors and residents alike, just across from T-Mobile Arena and less than a mile from Allegiant Stadium. The deal also allows the A’s to purchase eight more adjacent acres later. Station Casinos operator Red Rock Resorts is the current owner of the land. The team has signed a binding purchase agreement for 49 acres of land west of the Las Vegas Strip at the corner of Dean Martin Drive and Tropicana Avenue. A’s Sign Deal for Strip-Adjacent Ballpark The team’s president Dave Kaval has said that the team will keep the “Athletics” name despite the move while touting its effect on tourism. That’s welcome news to a casino economy that depends heavily on attracting out-of-state customers. Many tourists will stay at casino resorts, with some choosing to gamble there. Moving the team may also be a significant benefit for the casino industry.Īdding another major league franchise will undoubtedly boost the local economy and bring many new visitors to the city. The news excites many locals, from baseball fans to business owners. The Oakland Athletics (or A’s) have finally found a site for their new ballpark in Las Vegas, close to the Strip. ![]()
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