MGM Resorts And AEG Break Ground On New Las Vegas Arena

LAS VEGAS, NV - MAY 01: (L-R) Clark County Commissioner Tom Collins, chairman of the Las Vegas Convention and Visitors Authority, Clark County Commissioner Mary Beth Scow, MGM Resorts International Chairman and CEO Jim Murren, Clark County Commissioners Steve Sisolak and Susan Brager and President and CEO of AEG Dan Beckerman hold proclamations as they attend a groundbreaking for a USD 375 million, 20,000-seat sports and entertainment arena being built by MGM Resorts International and AEG on May 1, 2014 in Las Vegas, Nevada. The arena is scheduled to open in early 2016. (Photo by Isaac Brekken/Getty Images for MGM Resorts)