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Vici Properties Is Standing By to Build a Las Vegas NBA Arena
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Commercial Observer
Vici Properties executives during a Thursday morning earnings call teased the possibility of building a National Basketball Association (NBA) arena complex on land the company owns in Las Vegas.
The NBA toward the start of 2026 began formally reviewing the possibility of adding a Las Vegas franchise.
The move highlighted what Vici President and Chief Operating Officer John Payne noted on the earnings call was the “massive growth in pro sports” in Las Vegas.
Major League Baseball’s Oakland A’s are relocating to Las Vegas, and the city in the past 10 years has added National Football League, National Hockey League and Women’s National Basketball Association teams.
Its 103-property portfolio inside and outside of Las Vegas is capitalizing on a particularly robust era for experiential retail.