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NGCB to Review Licensing for Bally’s Executives
The licensing comes ahead of the anticipated redevelopment of Tropicana planned to start at the beginning of April
A massive project, requiring the demolishment of Tropicana in Las Vegas, Nevada, is expected to bring a new baseball stadium with 33,000 seats, along with an integrated resort. The new stadium is expected to be the home of the popular Major League Baseball (MLB) franchise, the Oakland Athletics. The ambitious project with a price tag surpassing $1 billion is expected to open for visitors in 2028.
The relocation of the A’s to Las Vegas may be one of the key topics that will be discussed during the upcoming monthly meeting of the gambling regulator in the state, the Nevada Gaming Control Board (NGCB). Key executives from Bally’s Corp, the leading gaming and hospitality company that operates the Tropicana Las Vegas, are expected to attend the meeting scheduled for Wednesday.
During the meeting, the Board will review license applications for a number of executives. The list includes Sophia Harris, the director/chair of Bally’s audit committee, as well as Ameet Patel, the company’s SVP and regional manager for the western region. Moreover, the NGCB will also review licensing for the company’s executive vice president and chief financial officer, Gerard Glover.
The Future of the Project Looks Bright
Although the redevelopment of Tropicana is a complex and time-consuming process, there are high hopes for the project. According to Brendan Bussmann, B Global’s managing partner and experienced casino consultant, who was recently interviewed by CDC Gaming Reports, the future looks bright for the new MLB stadium. “A stadium will help the overall resort corridor more than anything. It gives another venue and another driver to bring people to the destination,” he added.
Bussmann spoke about the outstanding challenges for the projects, adding that it may go beyond the planned nine acres of land. He said that an Omaha stadium with 24,000 seats used more than 10 acres to build, which is why he anticipates the same thing to happen for the A’s stadium.
The casino consultant explained that there’s much information surrounding the future resort that is yet to be confirmed. Bussmann acknowledged that it is clear that the process for the redevelopment of the Tropicana site will be initiated on April 2, yet, many details are still outstanding.
The A’s new Las Vegas stadium is expected to offer 33,000 seats. It is expected to bring more fans of the sport to Las Vegas. The construction of the ballpark is planned to start in 2025 and it is expected to welcome its first visitors at some point in 2028.
Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
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April 24, 2024