MGM, AEG To Build Las Vegas Entertainment Arena

Law360, Los Angeles (March 4, 2013, 4:42 PM EST) -- MGM Resorts International and AEG Worldwide have agreed to develop a 20,000-seat indoor arena in Las Vegas for sporting, entertainment and other special events, the companies announced Friday.

The companies said the state-of-the art facility will be located west of the Las Vegas strip between New York-New York and Monte Carlo, and will be the centerpiece of a complete “revitalization” of the area.

MGM Chairman and CEO Jim Murren said the combination of MGM and AEG, along with the superior Las Vegas strip location, is already...
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