Milestone Events

New Las Vegas Arena Doubles Down with Global Brands Toshiba and Coca-Cola Named Founding Partners

New Las Vegas Arena Doubles Down with Global Brands Toshiba and Coca-Cola Named Founding Partners

LAS VEGAS (April 7, 2015) – Iconic international brands Toshiba America Business Solutions, Inc. and Coca-Cola have entered into formal, multi-year agreements to become “Founding Partners” of the new Las Vegas Arena.  The arena, scheduled to open in spring 2016,  is owned by Las Vegas Arena Company partners AEG and MGM Resorts International (NYSE: MGM).     


Schneider Electric To Become New Las Vegas Arena’s First Founding Partner

Schneider Electric To Become New Las Vegas Arena’s First Founding Partner

LAS VEGAS (February 10, 2015) – Schneider Electric, a global specialist in energy management, has entered into a formal, multi-year agreement to become the first “Founding Partner” of the new Las Vegas Arena currently under construction and owned by Las Vegas Arena Company partners AEG and MGM Resorts International (NYSE: MGM).   


AEG AND MGM Resorts International Secure Financing for New Las Vegas Arena

AEG AND MGM Resorts International Secure Financing for New Las Vegas Arena

Las Vegas, Sept. 30, 2014 - MGM Resorts International (NYSE: MGM) and AEG today announced that they have finalized a $200 million bank facility to fund the development and construction of a new 20,000 seat arena. 


AEG and MGM Resorts International Break Ground on New Las Vegas Arena Set to Debut in Spring 2016

AEG and MGM Resorts International Break Ground on New Las Vegas Arena Set to Debut in Spring 2016

LAS VEGAS (May 1, 2014) – Las Vegas Arena Company, owned by AEG and MGM Resorts International (NYSE: MGM), broke ground today on a world-class, privately funded, $375 million indoor arena set to open in spring 2016. Located west of the Las Vegas Strip, between New York-New York and Monte Carlo resorts, the new 20,000-seat arena will host boxing , UFC and other sporting events, major headline entertainment, awards shows and special events.


MGM Resorts International & AEG Enter into Definitive Joint Venture Agreement to Develop New Las Vegas Arena

MGM Resorts International & AEG Enter into Definitive Joint Venture Agreement to Develop New Las Vegas Arena

LAS VEGAS, June 18, 2013 – AEG and MGM Resorts International (NYSE: MGM) have completed and executed transactional agreements formalizing the details of the previously announced joint venture to build a new arena project, which will be the centerpiece of a complete revitalization of the area between New York-New York and Monte Carlo resorts, extending from Las Vegas Blvd. to Frank Sinatra Drive.  They have selected Populous, designers of many of the world’s most memorable sports, concert and entertainment venues as the Architect of Record and designer for the new approximately 20,000-seat indoor arena.



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