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- Sports and entertainment investment company Oak View Group is planning to build an arena in Las Vegas, serving as the centerpiece of a new entertainment hub that includes a casino and hotel, Bloomberg reported.
- The company has acquired 25 acres on a 66.5-acre plot located near Harry Reid International Airport.
- The report noted that the area is being designed as a $3 billion entertainment campus.
- The hotel will likely accommodate about 2,000 guests, while the 20,000-seat arena will be used to host professional sports teams and pop concerts.