If you build it, they will come. That's the oft-repeated mantra of a slew companies, all of whom want to build a new arena in Las Vegas.
The county commission and city of Las Vegas are currently in separate talks with five different companies on building a new pro sports arena in Las Vegas.
Will a new arena bring a professional sports franchise to Las Vegas? And is a public-private financing model best for a Las Vegas considering flat visitor numbers and continuously falling tax revenue?
Smith College economist Andrew Zimbalist joins us to discuss the proposals.
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Andrew Zimbalist, Robert A. Woods Prof of Economics, Smith College