MGM Resorts CEO Calls Las Vegas A ‘Sports Lovers Town’
By ALAN SNEL
LVSportsBiz.com
MGM Resorts International CEO Jim Murren said Las Vegas has transformed into a "sports lovers town" and he expects the U.S. Supreme Court to legalize sports betting later this year.
Murren made his bullish sports comments during a fourth quarter and full year 2017 earnings conference call Tuesday morning.
Indeed, MGM Resorts has invested big-time in sports with the purchase and re-branding of the WNBA Las Vegas Aces, which will start play at a refurbished Mandalay Bay Events Center in 2Q this year, and the title sponsorship of the NBA Summer League, which will have all 30 league teams come to Las Vegas and UNLV in July.
MGM Resorts also looks forward to a Gennady Golovkin-Canelo Alvarez rematch in 2Q at T-Mobile Arena, which it owns with Anschutz Enterta