{"id":796262,"date":"2026-07-31T22:33:14","date_gmt":"2026-07-31T22:33:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/796262\/"},"modified":"2026-07-31T22:33:14","modified_gmt":"2026-07-31T22:33:14","slug":"vici-caesars-developing-plans-for-off-las-vegas-strip-nba-arena","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/796262\/","title":{"rendered":"VICI, Caesars developing plans for off Las Vegas Strip NBA arena"},"content":{"rendered":"<p class=\"text | article-text\">LAS VEGAS (<a href=\"http:\/\/fox5vegas.com\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"http:\/\/fox5vegas.com\/\">FOX5<\/a>) \u2014 Real estate giant VICI Properties and casino operator Caesars Entertainment are actively collaborating on a plan to build a state-of-the-art arena on the Las Vegas Strip to house a potential NBA expansion team, executives revealed.<\/p>\n<p class=\"text | article-text\"><a href=\"https:\/\/finance.yahoo.com\/quote\/VICI\/earnings\/VICI-Q2-2026-earnings_call-658037.html?guccounter=1\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/finance.yahoo.com\/quote\/VICI\/earnings\/VICI-Q2-2026-earnings_call-658037.html?guccounter=1\">During VICI\u2019s Q2 2026 earnings call<\/a>, President and Chief Operating Officer John Payne confirmed that the companies are designing a plan for a 50-acre parcel of land they co-own directly behind the Paris, Horseshoe, and Planet Hollywood resorts.<\/p>\n<p class=\"text | article-text\">MORE ON FOX5: <a href=\"https:\/\/www.fox5vegas.com\/2026\/07\/08\/las-vegas-jacks-ownership-group-announces-8-billion-bid-nba-expansion-franchise\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.fox5vegas.com\/2026\/07\/08\/las-vegas-jacks-ownership-group-announces-8-billion-bid-nba-expansion-franchise\/\">\u2018Las Vegas Jacks\u2019 ownership group is latest NBA expansion franchise bid<\/a><\/p>\n<p class=\"text | article-text\">\u201cI think everyone has seen in the news that the NBA is looking to put another team into Las Vegas,\u201d Payne said during the call. \u201cWe own, in conjunction with our partner Caesars, and we\u2019re working with them, 50 acres of land&#8230; and we are developing a plan with Caesars&#8230; to house the arena that could be built for the new NBA team.\u201d<\/p>\n<p class=\"text | article-text\">Payne noted that VICI is working closely with Sean McBurney, who oversees Caesars\u2019 regional operations in Las Vegas, to bring the project to fruition.<\/p>\n<p class=\"text | article-text\">The announcement comes just weeks after <a href=\"https:\/\/www.fox5vegas.com\/2026\/07\/15\/lots-parties-competing-las-vegas-expansion-team-nba-commissioner-says\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.fox5vegas.com\/2026\/07\/15\/lots-parties-competing-las-vegas-expansion-team-nba-commissioner-says\/\">NBA Commissioner Adam Silver confirmed that \u201clots of parties\u201d<\/a> are actively competing for a Las Vegas expansion franchise, though the league has not yet officially announced a timeline for expansion.<\/p>\n<p class=\"text | article-text\">FOX5 has reached out to Caesars Entertainment for comment. <\/p>\n<p>Copyright 2026 KVVU. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"LAS VEGAS (FOX5) \u2014 Real estate giant VICI Properties and casino operator Caesars Entertainment are actively collaborating on&hellip;\n","protected":false},"author":2,"featured_media":796263,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[337954,337951,337955,337953,355,99,337952],"class_list":["post-796262","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-horseshoe-planet-hollywood-arena-land","tag-las-vegas-nba-expansion","tag-las-vegas-nba-team-bid","tag-las-vegas-strip-sports-arena","tag-nba","tag-sports","tag-vici-caesars-nba-arena"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/796262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=796262"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/796262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/796263"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=796262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=796262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=796262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}