Close Menu
The Stadium BusinessThe Stadium Business
  • News
  • Projects
  • Operations
  • Business
  • Job Listings
    • Job Dashboard
  • Insights
  • Meetings
    • The Stadium Business Summit
    • Design & Development Summit
    • The Stadium Business Asia
    • The Ticketing Business Forum
    • The Ticketing Business Asia
  • Regions
Facebook X (Twitter) Instagram
LATEST:
  • Goodison Park to become new home of Everton Women
  • GL Events concludes Stade de France deal
  • IPL season to resume on Saturday
  • Wrexham set to tour Australia and New Zealand
  • One New Zealand Stadium’s glass façade in place as progress continues
  • Hong Kong Jockey Club seeks to become global sports brand
YouTube LinkedIn Flickr
Register for #SBS25
The Stadium BusinessThe Stadium Business
  • News
  • Projects
  • Operations
  • Business
  • Job Listings
    • Job Dashboard
  • Insights
  • Meetings
    • The Stadium Business Summit
    • Design & Development Summit
    • The Stadium Business Asia
    • The Ticketing Business Forum
    • The Ticketing Business Asia
  • Regions
Subscribe
The Stadium BusinessThe Stadium Business
Home»Features»Las Vegas market can manage major new venue every 10 years – Badain

Las Vegas market can manage major new venue every 10 years – Badain

Rory SquiresBy Rory Squires29th June 20222 Mins Read Features Industry News 199 Views
Share
Facebook LinkedIn Twitter Email WhatsApp Copy Link

The size of the Las Vegas sports and entertainment market means it can accommodate a new 20,000-capacity venue every 10 years, according to Marc Badain, who has been hired to oversee Oak View Group’s (OVG) proposed $1bn arena as part of a planned retail and entertainment district.

OVG’s plans for the major development were unveiled in March, with the proposed district located south of the Las Vegas Strip and featuring a casino, hotel and amphitheatre, in addition to what has been described as an NBA-ready arena.

Earlier this month, the former president of the NFL’s Las Vegas Raiders franchise was named as OVG’s president of Las Vegas sports and entertainment venues, with Randy Morton unveiled as president of the company’s proposed Las Vegas hotel and casino.

The district is being designed by architecture firms Gensler and Populous, with the latter having been responsible for T-Mobile Arena, which opened in 2016 as the home of the Vegas Golden Knights NHL ice hockey team.

However, with OVG intending to break ground on the privately financed project next year and complete the development in 2026, Badain outlined to the Las Vegas Review-Journal why another major venue will not saturate the market.

“We’re looking to build the greatest arena on Earth, and Las Vegas needs it and Las Vegas deserves it,” Badain said.

“If you look at the trajectory of music venues and sports venues in Las Vegas of this size, it’s about every 10 years for a new one. You could go back over time and see that evolution of facilities.

“By the time we open our venue, it will be about 10 years since they opened T-Mobile (Arena) and it’s time to have a new venue in Las Vegas that’s worthy of Las Vegas. The market has shown its ability to absorb new venues and has enough capacity and enough programming to do it.”

OVG’s most recent opening was Moody Center, a new 15,000-seat arena for the University of Texas at Austin. Earlier this week, OVG officially commenced work on an extensive redevelopment of Baltimore Arena.

Main image: Stephen Leonardi on Unsplash

Las Vegas NBA Oak View Group T-Mobile Arena Vegas Golden Knights
Follow on Google News Follow on RSS
Share. Facebook Twitter LinkedIn Email WhatsApp Copy Link
Previous ArticlePeab to deliver Rimnersvallen Stadium revamp
Next Article Indy Eleven secures land and partners for $1bn stadium project
Rory Squires

Related Posts

Design & Development

OVG to lead programming for Aston Villa’s new entertainment venue

12th May 2025652 Views
Events

Seattle lands PWHL team

30th April 2025
Features

Designing a ‘seamless guest journey that drives fan re-engagement’ – AECOM’s Andrea Patry

28th April 20251,126 Views
Add A Comment

Comments are closed.

Get this News delivered to your inbox

Top Posts

Goodison Park to become new home of Everton Women

13th May 20254 Mins Read

GL Events concludes Stade de France deal

13th May 20253 Mins Read
YouTube LinkedIn Flickr
Copyright © 2025 Xperiology. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

X We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Settings to provide a controlled consent.
Read More Settings ACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
__cf_bm30 minutesThis cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
__lc_cid2 yearsThis is an essential cookie for the website live chat box to function properly.
__lc_cst2 yearsThis cookie is used for the website live chat box to function properly.
__oauth_redirect_detectorpastThis cookie is used to recognize the visitors using live chat at different times inorder to optimize the chat-box functionality.
cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
last_pys_landing_page7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
last_pysTrafficSource7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_first_visit7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_landing_page7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_session_limit1 hourAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_start_sessionsessionAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pysTrafficSource7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
CookieDurationDescription
CONSENT2 yearsYouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
vuid2 yearsVimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.
advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
CookieDurationDescription
VISITOR_INFO1_LIVE5 months 27 daysA cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSCsessionYSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devicesneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-idneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
Save & Accept