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Category Archives: Las Vegas
Licensing Expo Heads to Las Vegas with 170+ Exhibitors and Growing from all Major Categories – Business Wire
Posted: March 11, 2022 at 12:06 pm
LAS VEGAS--(BUSINESS WIRE)--Licensing Expo is gearing up to host the consumer product industry's most memorable and productive in-person get together in three years, with a growing roster of brands signing on daily to exhibit at the in-person event to be held at the Mandalay Bay Convention Center in Las Vegas, NV, May 24-26, 2022.
Produced in partnership with industry trade association Licensing International, the not-to-be-missed event continues to lock in cross-category brands from around the world, from sports to gaming, entertainment, corporate brands and artists, with 17 countries represented to-date. With 40 new companies confirmed in the past 4 weeks alone, the event now comprises more than 170 exhibitors signed on to date, indicating the appetite and confidence for the events return this May. The exhibitor list is now available online and is accessible here.
"Licensing Expo returns in-person for the first time since 2019, and excitement among the industry is palpable, said Anna Knight, SVP of Licensing, Informa Markets. "This is a business-critical time in the calendar for brands, manufacturers, and retailers alike they're coming with a pen in hand ready to ink new deals and discover the new trends that will line their shelves in the coming years, but also to reconnect in-person possibly for the first time since the pandemic.
Commenting on Licensing Expo's return, Knight also remarked: "The licensing industry is built on relationships, and were delighted to be able to provide a safe and comfortable environment for people to reconnect, strengthen existing partnerships, celebrate successes and do business at scale face-to-face for the first time in three years. Were also extremely excited to showcase Location-Based Experiences as the events theme, creating even more opportunities for brands to engage and inspire attendees in new ways."
The event is on track to showcase brands from all major and emerging categories, including character and entertainment, fashion and apparel, gaming and eSports, FMCG, attractions and theme parks, sports, art and design, non-profits, and museums. Latest exhibitors confirmed include Banijay Brands, Legendary Entertainment, Hasbro, MGA Entertainment, Warner Bros. Consumer Products, Epic Story Media, Mattel, NBCUniversal, Sony Pictures Consumer Products, Lego, Joester Loria Group, Beanstalk, Buzzfeed, The Pokmon Company, Falcons Creative Group, TOHO, Bravado, Zag, Ubisoft, Wildbrain CPLG, NFL Players Association, Shell Oil Company, Crunchyroll, Buzzfeed, Games Workshop, Jazwares, King Features, WWE, Moonbug Entertainment, Peanuts Worldwide, BANDAI NAMCO Entertainment America, Frida Kahlo, Yale University, MGM Studios, Spin Master, BBC Studios, Crayola Properties, and many more.
Licensing Expo 2022 exhibitor commentary:
"Society is adapting to and people are becoming increasingly comfortable with our 'new normal,' and as such, we're seeing consumers spending again and investing in brands and characters they built an emotional connection to while in lockdown," said Cynthia Modders, President, Firefly Brand Management. "Licensing Expo could not come at a better time for us, helping our clients tap into consumer trends born from the pandemic and get their exciting new products on shelves and e-commerce platforms."
"At Falcons, we are experts at creating worlds where your imagination can fly free. We are giving intellectual property owners the freedom to expand their brands into the realms of immersive destinations, entertainment content and consumer products. Falcon's will transport audiences into imagined worlds using our patented technology and storytelling prowess. We have already helped many of the worlds most iconic brands connect with their audience to build fandom at a whole new level, said Cecil D. Magpuri CEO at Falcons Beyond. "We cannot wait to showcase our experiential entertainment innovations and new themed destinations in development that will enable brands to take the connection with their desired audiences to new heights well `beyond what they could ever imagine.
"Excitingly, we're seeing a robust selection of brands represented from across the globe, including Europe, the U.K., Japan, South America and the U.S. We're taking every measure possible to ensure non-domestic exhibitors and attendees are fully equipped with the latest health and safety measures in place, in addition to providing logistical information that will simplify international travel to Las Vegas," Knight continued.
Thousands of retailers and manufacturers have already secured their free ticket to attend and meet with these brands, including Amazon, AMC Theatres, Bioworld, Build-a-Bear Workshop, Concept One Accessories, Difuzed, Funko, GAP, Hallmark Cards, Hot Topic, ItSugar, Jakks Pacific, Jazwares, Kelloggs, Macys, Moose Toys, Old Navy, Pacsun, Paladone Products, Primark, Spin Master, Zulily and many more. Attendance to Licensing Expo is free and tickets can be secured here.
Licensing Expo health and safety measures:
All participants at Licensing Expo 2022 must either:
The press credential request form is accessible here.
Explore the exhibitor list found here or see the full list below:
Follow Licensing Expo on social: #LicensingExpo
About Licensing Expo
Launched in 1980, Licensing Expo is the world's largest and most influential annual tradeshow dedicated to licensing and brand extension. Every year, more than 5,000 brands and 16,000 retailers, licensees, manufacturers, distributors, and licensing agents attend Licensing Expo from more than 70 countries. Licensing Expo is a part of the Global Licensing Group at Informa Markets, the licensing industry's leading tradeshow organizer and media partner. Its mission is to provide licensing opportunities around the world by bringing brands and products together.
About Licensing International
Licensing International is the leading trade organization for the $290+ billion global brand licensing industry. Licensing International's mission is to foster the growth and expansion of brand licensing around the world, raise the level of professionalism for licensing practitioners, and create greater awareness of the benefits of licensing to the business community at large. Founded in 1985, Licensing International members in over 40 countries enjoy access to an array of benefits, including extensive educational programming and worldwide networking events. Visit http://www.LicensingInternational.org for more information.
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Record growth, record heat, record drought: how will Las Vegas weather the climate crisis? – The Guardian
Posted: at 12:06 pm
Away from the lights and fountains of the Las Vegas Strip, bulldozers are working overtime as the suburbs of Sin City are bursting out of their seams.
Las Vegas is growing at a staggering rate. Clark county, where the city is located, is home to roughly 2.3 million people, but forecasts predict the population could go beyond 4 million by 2055.
Attracted by the lure of cheaper costs of living, lower taxes, and newly built homes, more than half a million people are expected to flock to southern Nevada in just the next 15 years. To accommodate them, the regions arid landscape is being converted into strip malls and shopping centers as winding cul de sacs creep closer to the rocky hillsides.
But balancing growth and climate change has posed a formidable challenge.
Last year temperatures hit 116F (46.6C) in June, setting a new record for such dangerously hot weather so early in the year. Concrete cooked during the day, spitting out heat long after the sun set. Thousands of unhoused residents, outdoor workers and communities that couldnt afford the rising costs of air conditioning bore the brunt. By July, 12 people lost their lives to the heat. In 2020, the Clark county coroner counted 124 heat-related deaths.
Its only going to get worse. The city is warming faster than anywhere else in the US. And the future will get hotter, drier and more turbulent, the Intergovernmental Panel on Climate Change, a consortium of climate scientists from around the world, warned in its most recent report.
The county is also grappling with a quickly waning water supply and intense air pollution thats affecting the most vulnerable. The issues are exacerbated by heat, which will be driven higher by both the climate crisis and the building boom. Temperatures are going to keep climbing - and people are going to keep coming.
Instead of curbing growth, the city known for excess is betting that it can conserve its way out of a climate catastrophe. Las Vegas leaders are making promises and setting ambitious sustainability goals.
We are one of the best-kept secrets in the world when it comes to sustainability, said Jace Radke, a senior public information officer with the city of Las Vegas, listing off achievements. Already, the city has added 450 miles of bike lanes, switched 52,000 streetlights to LED lighting, and public buildings, parks, and traffic lights are powered by renewable energy, Radke said.
Clark county, which adopted a new sustainability and climate action plan in 2021, aims to reduce emissions 100% by 2050. And, though water levels have drastically declined - and are expected to keep dropping - the region predominantly relies on recycling. Most indoor drains in southern Nevada filter directly back into the reservoir.
The sustainability work has had a positive impact, but theres still a long way to go.
In 2019, Clark county generated more greenhouse gas emissions than the city of Los Angeles - which is home to roughly 1.7 million more people - according to a new report issued by the county in February. Nearly half of the countys emissions are from energy used to power buildings and industry. The next biggest share at 37% was attributed to transportation. Both of these sectors are slated to increase as more homes and businesses are built and rising numbers of residents hit the roads. The construction equipment itself is expected to add to emissions as the county continues to grow.
Las Vegas ranks 12th in a list of the most polluted cities in the US for ozone, according to the American Lung Association. Residents - especially those in the hottest corners of the county - are already feeling the effects.
In Cinthia Moores East Las Vegas home, two air purifiers hum throughout the day. Still, the single mom said, her son struggles with breathing problems and rashes when the air is at its worst. Since moving to the area, she has also gotten more migraines and allergy symptoms that wont subside.
The community, which has a 15% poverty-rate and where 25% of the population are immigrants, is far hotter than its neighbors, with fewer trees to ease punishing summer temperatures. The neighborhoods older homes are less equipped to offer residents relief and renters, the majority of those who live there, are unable to add upgrades. Many residents cant afford to run their air conditioning as energy bills and rising rents have consumed increasingly larger portions of their incomes, Moore said.
Meanwhile, the slow churn of congestion on two major highways within a mile and a half of Moores home continues to spew pollutants. There is a lot of traffic and cars are just sitting there, she said. Commuters creep in and out of the city on the weekdays, and on Sundays scores of tourists idle in their cars in a crawling escape from Las Vegas. There are folks who are living right there and its going into their homes and they are experiencing pollution every day.
If the air and the weather continue to worsen, shes not sure how people will cope. I always talk about leaving but its not that easy to just get up and move, Moore said, noting the rising costs of living elsewhere. But more than that, shed be leaving her support system, she said. As a single mom it is hard. Thats why I stay here and fight for climate action.
Moore works as a real estate agent and has seen the housing crunch first-hand. But she is also coordinator for the Nevada Environmental Justice Coalition, a network of advocacy organizations pushing for sustainability. She and others have called on the county to more urgently address both pressing issues, which disproportionately affect people of color and the most vulnerable communities.
****
For Marci Henson, the director of Clark countys department of environment & sustainability, a controversial land bill, which would open up tens of thousands of acres of pristine desert to developers, holds the key in balancing growth and a sustainable future.
The federal legislation, pushed by the county and introduced in Congress last year, would authorize the sale of more than 36,100 acres of public land now operated by the Bureau of Land Management.
Dotted with yuccas, arid landscape that stretches for miles south of Las Vegas along the I-15 corridor is being considered for a new suburb. The area is currently home to threatened desert tortoises but the bill would carve out new protected habitat for the imperiled species, part of roughly 2m acres elsewhere in the region that will be set aside as new conservation and recreation areas.
It would also be a boon to local budgets. Funds from those land sales could funnel back to Clark county and be used to achieve its ambitious climate goals.
They will need them. The proposed expansion is miles from the city and could add scores of new commuters. Dense concentrations of concrete over natural landscapes will drive up temperatures, and more air conditioners will fight to keep new buildings cool. But Henson said the county is prepared to address the issues.
We cant say, We are full, you cant come here any more, said Henson. We were challenged to find the balance between making more land accessible and providing a relief valve for that urban growth without undermining the quality of life and the resources here.
The biggest challenge, she said, may be water. The Colorado River Basin, which supplies 90% of the regions water, is mired in the worst drought in recorded history. Nearby, Lake Mead now features an infamous and ominous bathtub ring showcasing the 150-foot drop in water levels over the last two decades.
Facing declining supplies and an increasing consumer base, the region is working to tighten its belt. The Southern Nevada Water Authoritys track record is strong - per-capita water use in the region decreased roughly 47% between 2002 and 2020 - but progress has plateaued in recent years.
Officials at the water agency say they have already taken care of the low-hanging fruit when it comes to conservation and are now stretching to get the harder-to-reach achievements. Because indoor use is almost entirely recycled, water waste is primarily attributed to older systems that cool large buildings like casinos and shopping malls, and to landscaping. Throughout the city, its easy to spot decorative grass lining parking lots or accenting the entrances to homes and businesses.
The agency is working with the county and the business sector to prohibit thirsty cooling systems from being installed in new developments. They are also limiting what goes to golf courses which together with resorts claim 10% of the supply. Lawns that dont have recreational use are being outlawed, with plans for full eradication by 2026.
But rising heat will add new pressures on the system, driving demand up by an estimated 10 gallons per capita per day (GPCD). Usage is now at 110 GPCD but adding new homes and water-users will increase the burden. Though they are being crunched in both directions, the agency has set an ambitious goal to bring down consumption from a projected 123 GPCD, based on models that account for higher demand due to the rising heat, outdated systems and expected growth, to 86 GPCD by 2035.
The agency is also looking to new sources for supply. The SNWA abandoned a controversial plan for a 300-mile pipeline that would pump in groundwater from eastern Nevada in 2020, after decades of pushback from conservationists, tribes and ranchers, but they still own water rights in the region. The department is also planning to help fund a water recycling project spearheaded by the Metropolitan Water District of southern California, which would grant them some of its output when construction is completed.
Still, facing a drier future where water sources are scarce, conservation will be key.
Implementing conservation programs successfully are the things that allow me to sleep at night, said Colby Pelligrino, the deputy general manager of water resources for the SNWA, adding that she wasnt concerned about continued sprawl. A Las Vegas native, she has watched the city grow and change, and sees the shifts as a hallmark of southern Nevada.
When people think about Las Vegas they think about living in excess, but we have been a world-leader in water conservation for at least the last decade and a half, she said. We have got work to do to balance our water use and our water demands.
Patrick Donnelly, a tortoise biologist and the Great Basin Director for the Center for Biological Diversity, an environmental advocacy organization, doesnt see it that way. He has been fighting the lands bill since its inception and has grave concerns about unrestricted spread in southern Nevada. The lands bill has sharply divided environmental and justice advocates who disagree about the net effects of increasing both development and conservation areas.
The biggest issue with the Clark county lands bill is not the loss of tortoise habitat, its not even the water, its the climate crisis, Donnelly said, adding that it is like hammering in the nails to our own coffin.
He doesnt think the region can conserve enough to make up for a new sprawling suburb, more cars on the roads, and more concrete in one of the hottest areas in the country. It is perpetuating the same pattern of unsustainable development that brought us to the brink of climate collapse to begin with.
Donnelly has been pushing lawmakers to plan for growing upward instead of outward. Theres no doubt Clark county does not have control over demographic shifts, he said. But they are talking about Las Vegas metastasizing like a tumorous growth outside the valley. The idea that all those people need single-family residences to move into? That is wrong.
Ultimately though, people will continue to come and their future in the desert may be a precarious one. Those seeking more affordable options run the risk of getting stuck when the landscape becomes even less livable.
Theres a gallows humor when you live here, like, Ha ha, one day this place is going to be uninhabitable, Donnelly said. It is a dark joke but actually it is true. One day this place will be uninhabitable. And the question I pose when people say that is, Who gets to leave?
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Las Vegas-based Full House Resorts rebounds in 2021 – Las Vegas Review-Journal
Posted: at 12:06 pm
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Las Vegas-based Full House Resorts rebounds in 2021 - Las Vegas Review-Journal
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Graney: Home isnt where heart (or fans) is for UNLV in loss – Las Vegas Review-Journal
Posted: at 12:06 pm
It ends so suddenly. Like a glass crashing to the floor, small fragments and particles strewn across an incredibly far distance.
Get out the broom. UNLVs basketball team must put itself back together.
There will be no three wins in three days for the Rebels, no Cinderella run through the Mountain West tournament for an NCAA berth, no madness to their March.
UNLV fell to fourth-seeded Wyoming and what was a sea of gold and brown fans 59-56 in a conference tournament quarterfinal Thursday at the Thomas & Mack Center.
It just felt like Laramie, minus about 5,000 feet of elevation.
Hosting the event isnt any sort of home-court advantage for UNLV. Hasnt been for some time. The fifth-seeded Rebels last advanced to a semifinal in 2014.
Its just that the point is driven home more when most of Wyoming makes the 780-mile journey and, well, much of Las Vegas doesnt drive across town.
A terrible start
Obviously, down the stretch, the noise made it feel like a home game, said Wyoming guard Hunter Maldonado. With us being the higher seed, having our home (white) jerseys on, I told the guys before the game, We protect home court.
But the good folks of the Cowboy State didnt miss 12 of their first 13 shots and seven straight 3-pointers to open the game. They didnt get beaten up on the boards by allowing 25 rebounds (nine offensive) over the opening 20 minutes. They didnt wait a half to wake up.
They didnt get outscored 7-0 the final two minutes.
That was all UNLV.
It didnt guard for the first half but did in the second. It didnt make shots early, scored enough to actually lead by four with 2:04 remaining and then never again. It was too little, too late on most accounts.
It hurts, said Rebels senior Bryce Hamilton, who scored a game-high 22 in what is expected to be his final game at UNLV. We played so hard and fought all year. We fought to come back today and got the lead. We fought together. It didnt end how we wanted it to, but were going out proud of everyone.
The big picture is brighter than one loss. The Rebels finished 18-14 with a team that had 10 new faces to begin the year. They were a better side now than then, better each month since the season tipped off.
It took time. UNLV didnt beat anyone of note in its non-conference schedule nobody from which it was an underdog but found a definite rhythm this last month of conference play.
Whipped an NCAA Tournament team in Colorado State twice. Swept its in-state rival in UNR. Beat this same Wyoming team, presumably also NCAA bound, just last week.
There is some talk about UNLV possibly being considered for a final seed into the NIT. Its a long shot, although first-year head coach Kevin Kruger emphatically made his case afterward for such a bid. It still didnt erase the sting of defeat.
Well, losing is difficult, said Kruger. We just need get better. We keep working and stay after it. If we can have the fight and the starting point from where we finished, the group coming back can use that feeling.
Get your bread
San Jose State has an unofficial mascot that is a duck. It carries around a giant loaf of bread. This was Spartans coach Tim Miles following his teams overtime loss to Fresno State on Wednesday night:
Duck, man, get your bread. Thats what ducks do. And we just didnt get our bread. We were this fricking close to getting our bread. We did not get the bread.
Such is also UNLV today.
The Rebels didnt get their bread.
They were hungry enough.
Just not good enough.
Time to sweep up all the fragments and particles and move on.
Ed Graney is a Sigma Delta Chi Award winner for sports column writing and can be reached at egraney@reviewjournal.com. He can be heard on The Press Box, ESPN Radio 100.9 FM and 1100 AM, from 7 a.m. to 10 a.m. Monday through Friday. Follow @edgraney on Twitter.
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Graney: Home isnt where heart (or fans) is for UNLV in loss - Las Vegas Review-Journal
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I-Team: Las Vegas driver deemed flight risk, accused of killing grandmother in DUI crash, is now missing – KLAS – 8 News Now
Posted: March 3, 2022 at 12:07 am
Judge declined to raise $25K bail after monitoring violation, issued stern warning
LAS VEGAS (KLAS) A woman accused of driving under the influence and causing a crash that killed a mother and grandmother who prosecutors had warned was a flight risk is missing.
Gilma Rodriguez-Walters, 53, was killed in the December 2019 crash. She was on her way home from work at a Las Vegas-area Home Depot when Marsha Byrd crashed into her, police said.
Byrd was passing other cars and speeding on Tropical Parkway near Torrey Pines Drive when she lost control of her car and crashed into Rodriguez-Walters, police said. Witnesses and a residential surveillance camera indicated her Mercedes SUV was off the road at one point before the wreck.
In addition to alcohol, a blood test found prescription medications in her system, including Nordazepam, Diazepam and Hydrocodone, police said. After her arrest, a judge set bail at $25,000.
In July 2020, a grand jury indicted Byrd on charges of driving under the influence resulting in death and reckless driving.
Byrd appeared with her lawyer in a virtual arraignment that same month.
Not guilty, sir, she told then-District Court Judge Douglas Herndon. Herndon is now a Nevada Supreme Court justice.
And just keep in contact with your attorney, Miss Byrd, OK? Herndon told her.
Yes, she said.
Two months later, Byrd was back in court, accused of violating the conditions of her release. Court documents indicate testing found alcohol in Byrds system.
Prosecutors argued for Herndon to increase bail to $100,000 and put Byrd on house arrest, warning she could flee.
Overwhelming evidence, including video of defendant driving, numerous witness statements, and chemical analysis of defendants blood, renders a conviction extremely likely, Frank LoGrippo, the prosecutor on the case, wrote in a motion to increase bail.
Upon conviction, defendant is facing a non-probationable prison sentence of two to twenty years in the Nevada Department of Corrections for the charge of driving under the influence resulting in death, alone, LoGrippo wrote. This reality makes defendant a flight risk.
Byrds attorney argued his client was battling breast cancer and that the alcohol in her system may have been from hair products she was using. Byrd denied consuming any alcohol since the crash.
Herndon declined to raise bail, but instead ordered Byrd not to drive.
If theres any more problems and I have to remand you into custody I can guarantee you, you will not get health care that you need in the detention center, Herndon warned Byrd.
My daughter is 7 years old and she still cries for grandma, Rodriguez-Walters daughter, Ruth Neall, told the 8 News Now I-Team. I want to say my mom died on impact.
Byrd was due in court on Feb. 1 and did not show. A warrant is out for her arrest.
She should be in prison, Neall said. She should be suffering the consequences for this, but shes not. So, where is she?
Neal questions why Byrd was released and released with driving privileges in the first place. Records show she is a 4-time convicted felon.
Little did I know, she still had her drivers license up until that point, Neall said. Its a failure of whatevers happening in the legal system in Las Vegas, right?
Neall said her family was looking forward to Byrds trial, hoping its outcome would finally provide them closure.
Wheres Marsha? Neall said. I want to find Marsha. If I were in Vegas right now, Id be looking for her myself.
If found, Byrd would be taken into custody and taken to the Clark County Detention Center. She would automatically be held without bail.
Byrds lawyer nor Herndon returned requests for comment.
Tips can be submitted anonymously through Crime Stoppers by calling 702-385-5555 or at crimestoppersofnv.com/report-a-crime. Crime Stoppers offers a reward for information that leads to an arrest.
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Las Vegas man convicted of identity theft, mail fraud – KLAS – 8 News Now
Posted: at 12:07 am
LAS VEGAS (KLAS) A 29-year-old Las Vegas man was convicted by a federal jury Tuesday in an identity fraud scheme that targeted the mailboxes of more than 300 victims, according to the U.S. Attorneys Office for the District of Nevada.
Nosa Frank Obayando was found guilty of mail theft, using an unauthorized device and identity theft. Although the convictions were only on a single count for each charge, Obayando faces a minimum of two years in prison and possibly as much as 17 years.
Obayando and co-defendant Efeturi Ariawhorai were accused in the 2017 scheme that involved forwarding mail of 300 victims and using a debit card to withdraw at least $5,000 in cash from ATMs in the Las Vegas valley after opening bank accounts in victims names. The victims never knew their email was being forwarded.
Obayando was convicted following a two-day trial in the courtroom of U.S. District Judge Andrew P. Gordon. He is scheduled to be sentenced on June 1.
Ariawhorai has been arrested by authorities in Italy and is awaiting extradition.
Acting U.S. Attorney Christopher Chiou for the District of Nevada made the announcement. The case was investigated by the U.S. Postal Inspection Service.
Please report suspected mail fraud and mail theft to the USPIS by calling 877-876-2455 or by making a report online at https://www.uspis.gov/report.
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Las Vegas, Henderson among cities with highest one-bedroom rent prices, report says – Fox 5 Las Vegas
Posted: at 12:07 am
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Here Are All the Big Developments Coming to the Las Vegas Strip – TheStreet
Posted: at 12:07 am
Las Vegas is in the midst of another transition that could change the city's skyline and elevate the international profile of the city.
Whether it's attracting professional sports leagues to the town or attracting world-class entertainers to performance residencies, Las Vegas has been on a roll over the past few years.
With the new and coming attractions on the way, Sin City needs to grow.
Transportation, lodging, and other logistical kinks will have to be worked out before Vegas can reach its full potential and this week the Las Vegas Convention and Visitors Authority put out specifics on where the city is headed.
Las Vegas saw 32.2 million visitors in 2021, a 70% year-over-year increase from 2020 when the Coronavirus pandemic was at its height. The city's convention industry didn't have the same type of strong recovery with 2.2 million attendees reported in 2021, a 28% year over year increase.
Here's a look at what is in the future plans for the gambling oasis in the desert.
Image source: Robert Mora/Getty Images.
The Las Vegas Convention and Visitors Authority is projecting the spending of $4.512 billion in 29 new projects that are expected to add 7,602 hotel rooms and 791,000 square feet of convention space in Southern Nevada by the end of 2024.
By the end of 2024, Vegas will have more than 158,000 hotel rooms.
The LVCVA expects the city to add 766 additional rooms this spring with the reopening of the Palms resort and casino under the management of new owners, the San Manuel Band of Mission Indians.
The opening of a Holiday Inn Express will add another 127 rooms.
The biggest project in the pipeline is Fontainebleau Las Vegas on the Strip. The hotel will feature 3,780 hotel rooms and 550,000 square feet of meeting space when it is completed in the fourth quarter of 2023.
This new mega-casino, which sits on the North Strip, would be part of a major effort to revitalize that second of the 4.2 road. It's an important project because it, along with a potential new North Strip Arena along with some other casino projects, could provide a viable alternative to the Caesars Entertainment (CZR) - Get Caesars Entertainment Inc Report and MGM Resorts International (MGM) - Get MGM Resorts International Report casinos which dominate the central and southern Strip.
Caesars also has a massive project planned as it will be revamping its Bally's property and renaming it with its Horseshoe Brand. MGM has big plans as well as it will be taking over the operation of The Cosmpolittan, although the company has not announced any major changes for that property.
The $1.9 billion MSG (MSGE) Sphere at The Venetian is a 17,500-seat entertainment venue that is targeted for completion by the end of 2023.
Meanwhile, six new properties are planned for completion in 2024 with the biggest being the 720-room, nongaming Majestic Las Vegas which is being built for $850 million at the site across the street from the West Hall of the Las Vegas Convention Center.
Also scheduled for completion in 2024 is the $500 million, 527-room Dream Las Vegas.
To help accommodate all of these potential new tourists there are multiple transportation projects in the works including an $8 billion speed rail project and a 29-mile, 51-station Las Vegas Loop underground transit project being built by Elon Musk's The Boring Co.
A big part of Vegas' growth is coming from outside of its traditional gaming industry.
Professional sports is in the midst of a love affair with the city with the recent additions of NFL and NHL franchises.
Major League Baseball has been flirting with the city in an attempt to squeeze a new stadium deal out of the Oakland Athletics. The A's have been in active negotiations with multiple sites on or adjacent to The Las Vegas Strip.
And now there is a report that the NBA could be interested in granting the city an expansion team in the near future. There have also been rumors that Vegas could add a Major League Soccer team, although no concrete plans for that have been made public.
Las Vegas could become an even bigger sports oasis in the middle of the desert to go along with all of the other entertainment the city has to offer.
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Las Vegas mom wants to find, thank teen who returned wallet – Fox 5 Las Vegas
Posted: at 12:07 am
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Bill Simmons thinks NBA will expand to Las Vegas and Seattle – New York Post
Posted: at 12:07 am
Bill Simmons believes we could see the NBA expand to 32 teams, with new franchises in Las Vegas and Seattle, in the near future.
Speaking on The Bill Simmons Podcast, Simmons said he thinks Fenway Sports Group and LeBron James will be involved in eventual expansion ventures.
Theyve been circling different NBA teams for a while, Simmons said of FSG, which owns the Red Sox, Liverpool FC and the Pittsburgh Penguins.
Both Vegas and Seattle would be logical places to expand, with both cities already having arenas and fan bases that would be ready to go. T-Mobile Arena in Las Vegas has hosted the NBA All-Star Game, Pac-12 Tournament and a plethora of other college basketball games. The success of the Raiders and Golden Knights in the city is also promising.
Seattle has long been thought of as a destination for NBA expansion, since the Supersonics were upended in 2008. The NHLs Kraken just became the citys newest team, and their Climate Pledge Arena hosted an Alabama-Gonzaga basketball game earlier this season.
I dont know what the possibilities would be, but I think Seattle and Vegas are going to have teams, Simmons said. Thats happening.
James, whose net worth is reportedly close to $1 billion, would be a logical choice to be involved in an ownership group. Simmons specifically linked him to a potential team in Vegas.
I think its officially real LeBron is definitely going to be involved in that, Simmons said.
Exactly when such expansion would occur is unclear, but as Simmons pointed out, the expansion fees would help make up for revenue losses the league has suffered due to COVID-19.
In a December 2020 press conference, NBA commissioner Adam Silver said expansion is sort of the manifest destiny of the league but that it wasnt on the front burner.
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