tldrdaily.news logo
Tag

Ballys Corp

All articles tagged with #ballys corp

sports1 year ago

"A's Unveil Laughable 'Spherical Armadillo' Stadium Design for Las Vegas"

The Oakland A's potential move to Las Vegas has sparked amusement and ridicule with the release of new ballpark renderings, described as "a spherical armadillo." Despite lacking financing and facing skepticism, the A's and Bally's Corp. are pushing forward with the project, although many doubt its feasibility. The A's have been struggling to secure investors and the new renderings have only added to the confusion and skepticism surrounding the project.

via Casino.Org News|
#ballpark-renderings#ballys-corp#las-vegas
business1 year ago

"Tropicana Las Vegas to Close for New MLB Stadium"

The Tropicana Las Vegas, a historic hotel-casino on the Las Vegas Strip, will close in April to make way for a $1.5 billion MLB stadium for the relocating Oakland Athletics. Bally's Corp announced the closure, marking the beginning of preparations for demolition. The 30,000-seat ballpark, backed by public funding, is expected to open in 2028. The closure comes after the Tropicana reached a new five-year contract with the Culinary Workers Union, providing a severance package for its largely senior workforce.

via NBC News|
#ballys-corp#business#las-vegas
business1 year ago

"Tropicana Las Vegas to Close for New MLB Stadium"

The Tropicana Las Vegas, a historic landmark in Sin City since 1957, will be demolished to make way for a $1.5 billion Major League Baseball stadium for the relocating Oakland Athletics. Bally's Corp. announced the closure on April 2, marking the beginning of preparations for the resort's demolition. The 30,000-seat ballpark, backed by $380 million in public funding, is expected to open in 2028 and will become a new landmark in Las Vegas. The closure comes just a month after the Tropicana and the Culinary Workers Union reached an agreement for a new five-year contract, with workers receiving a severance package.

via ABC News|
#ballys-corp#business#mlb
sports2 years ago

Bally's and Oakland A's finalize deal for new Vegas baseball stadium.

Bally's Corp. and Gaming & Leisure Properties have reached a formal agreement with the Oakland A's to bring the Major League Baseball team to Las Vegas, contingent on state lawmakers approving a nine-figure public financing package to assist with stadium construction. GLPI will provide up to $175 million toward "certain shared improvements within the future development in exchange for a commensurate rent increase." The plans for a $1.5 billion, 35,000-seat retractable roof facility still require legislative approval for $395 million in public financing sought for the project.

via The Nevada Independent|
#ballys-corp#las-vegas#oakland-as
sports2 years ago

Oakland A's find new site for $1.5 billion Las Vegas stadium after ditching original plan.

The Oakland Athletics have abandoned their original plan to build a new ballpark in Las Vegas and have instead found a new location on the site of the Tropicana, partnering with Bally's Corp. The new deal will bring public funding down to $395 million, and the stadium will still seat 35,000 with a retractable roof. The hope is for it to open in 2027.

via Fox News|
#ballys-corp#las-vegas#oakland-athletics
sports2 years ago

A's consider backup plans for Vegas stadium site amid funding concerns.

The Oakland A's have reached an agreement with Bally's Corp. to build a $1.5 billion stadium on a portion of the Tropicana Las Vegas site, reducing the public financing sought for the project to $395 million. Bally's plans to demolish the Tropicana and allow the A's to construct a 35,000-seat retractable roof stadium on 9 acres of the 34-acre site. The team had initially sought a $500 million public funding package, but the new deal eliminates land acquisition costs. The A's are still likely to seek approval from state lawmakers for a financing package covering a portion of stadium construction costs.

via The Nevada Independent|
#ballys-corp#las-vegas#oakland-as