{"id":838409,"date":"2026-07-31T15:31:09","date_gmt":"2026-07-31T15:31:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/838409\/"},"modified":"2026-07-31T15:31:09","modified_gmt":"2026-07-31T15:31:09","slug":"caesars-developing-plan-for-nba-arena-off-las-vegas-strip","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/838409\/","title":{"rendered":"Caesars developing plan for NBA arena off Las Vegas Strip"},"content":{"rendered":"<p>LAS VEGAS (KSNV)  \u2014 Caesars Entertainment could enter the race for an NBA-ready venue in Las Vegas as the league considers expanding.<\/p>\n<p>VICI Properties, the real estate investment trust that owns the physical land for several Las Vegas Strip resorts, revealed that it&#8217;s working with Caesars on a project.<\/p>\n<p>&#8220;We own, in conjunction with our partner Caesars, and we&#8217;re working with them, 50 acres of land behind Paris, Horseshoe, Planet Hollywood, and we are developing a plan with Caesars &#8230; to house the arena that could be built for the new NBA team,&#8221; VICI President and Chief Operating Officer John Payne told analysts on a quarterly earnings call Thursday.<\/p>\n<p>RELATED | <a href=\"https:\/\/news3lv.com\/news\/local\/walmart-heiress-possible-bid-las-vegas-nba-expansion-team-report-basketball-nevada-nancy-walton-laurie\" target=\"_blank\" rel=\"nofollow noopener\">Walmart heiress exploring possible bid for Las Vegas NBA expansion team: report<\/a><\/p>\n<p>No further details were disclosed. The land east of those three resorts, between Flamingo Road and Harmon Avenue, is largely a surface parking lot, with a makeshift structure that hosts BattleBots programming.<\/p>\n<p>News 3 has reached out to a Caesars spokesperson for further comment. Caesars did not hold an earnings call for its quarterly report this week, citing a pending buyout by Fertitta Entertainment.<\/p>\n<p>Ever since the NBA announced it would explore potential expansion in Las Vegas, multiple parties have entered the fray to own a team or develop an arena.<\/p>\n<p>Vegas Golden Knights owner Bill Foley and MGM Resorts have offered T-Mobile Arena, saying they would upgrade it to host two franchises full-time should <a href=\"https:\/\/news3lv.com\/news\/local\/golden-knights-owner-bill-foley-bid-expansion-las-vegas-nba-team-sports-basketball-adam-silver-t-mobile-arena#\" target=\"_blank\" rel=\"nofollow noopener\">Foley win the bidding for a team<\/a>. They have also suggested T-Mobile could serve as a temporary home if the NBA chooses another ownership group and arena site.<\/p>\n<p>A group called Las Vegas Diamond Arena <a href=\"https:\/\/news3lv.com\/news\/local\/las-vegas-nba-diamond-arena-acquires-land-south-end-strip-mandalay-bay-sports-development-entertainment\" target=\"_blank\" rel=\"nofollow noopener\">says it has acquired the land necessary<\/a> for a 21,212-seat venue across the street from Mandalay Bay. This project is not affiliated with any single casino or hospitality group.<\/p>\n<p>Beyond the Strip, Las Vegas Mayor Shelley Berkley said <a href=\"https:\/\/news3lv.com\/news\/local\/las-vegas-mayor-pitch-nba-downtown-arena-expansion-team-franchise-sports-shelley-berkley-nevada\" target=\"_blank\" rel=\"nofollow noopener\">she would pitch a vacant downtown site<\/a> near the World Market Center to NBA Commissioner Adam Silver.<\/p>\n<p><a href=\"https:\/\/news3lv.com\/news\/local\/starr-vegas-unveils-10b-63-acre-las-vegas-strip-project-with-nba-ready-arena-plans\" target=\"_blank\" rel=\"nofollow noopener\">Starr Vegas Development, Inc. unveiled<\/a> in April what it called a $10 billion development proposal that would include a 25,000-seat basketball and concert arena. Starr Vegas says this campus would be built near Las Vegas Boulevard and Starr Avenue in the south valley.<\/p>\n<p>Silver has said he hopes the league reaches a decision on expansion by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"LAS VEGAS (KSNV) \u2014 Caesars Entertainment could enter the race for an NBA-ready venue in Las Vegas as&hellip;\n","protected":false},"author":2,"featured_media":838410,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[434],"tags":[49,48,459,82],"class_list":["post-838409","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-ca","tag-canada","tag-nba","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/838409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=838409"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/838409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/838410"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=838409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=838409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=838409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}