1. Athletics Owner Commits $1 Billion to New Stadium
John Fisher, owner of the Oakland Athletics, has pledged a substantial $1 billion investment towards constructing a new stadium in Las Vegas. This commitment is a pivotal step in relocating the team to the city. The proposed $1.5 billion, 33,000-seat domed ballpark is slated for the former Tropicana site on the Las Vegas Strip. Construction is expected to commence in the spring, with a targeted opening before the 2028 season. The project also anticipates up to $380 million in public funding.
2. Universal Announces Year-Round Horror Experience
Universal Destinations & Experiences has unveiled plans for “Universal Horror Unleashed,” a year-round immersive horror attraction set to open in Las Vegas in 2025. The experience will feature four haunted houses, including themes like Universal Monsters and The Texas Chainsaw Massacre. It will serve as the anchor tenant in a 20-acre expansion of AREA15, enhancing the city’s entertainment offerings.
3. MGM Resorts Reports Decline in Las Vegas Casino Revenue
MGM Resorts International has reported a 13% decrease in revenue from its Las Vegas casino operations for the third quarter, totaling $476 million. Earnings from table games also saw a 19% decline compared to the previous year. The company’s total quarterly revenue stood at $4.18 billion, slightly below market expectations. This downturn highlights challenges in the local gaming industry amid evolving market dynamics.
4. Political Campaigns Intensify Ahead of Election
With the election imminent, political activity in Las Vegas has intensified. Vice President Kamala Harris and former President Donald Trump are both scheduled to hold major events in the city, underscoring Nevada’s strategic importance. Early voting data indicates a significant shift, with Republicans currently leading statewide. Both parties are focusing efforts in Clark County, which encompasses Las Vegas and houses 70% of the state’s voters.
5. Future of PGA Tour’s Las Vegas Event Uncertain
The future of the PGA Tour’s Las Vegas event is in question following the departure of Shriners as the title sponsor after an 18-year partnership. The Shriners Children’s Open, recently concluded with J.T. Poston securing victory, now faces uncertainty without a sponsor. The PGA Tour has yet to announce plans for the Fall Series, which has traditionally included the Las Vegas tournament. The event, established in 1983, has been a staple in the city’s sporting calendar.
These developments reflect the dynamic nature of Las Vegas, as the city navigates changes in sports, entertainment, and politics, continually shaping its unique identity.
