Las Vegas was built on gamblers who believe they can beat the house, only to learn that the house always wins.
But that hasn’t stopped two groups from putting big money on the table to bring Major League Soccer to the desert southwest. Findlay Sports and Entertainment is already working with the City of Las Vegas. But two public hearings on the deal were postponed.
Meanwhile, gaming industry entrepreneur and hedge fund CEO Jason Ader is heading a another group of investors looking to build a stadium and a field for the league's 24th team.
How far along either one of these plans are is an open question. But the assumption seems to be that either group will have to inject $350 million into bringing the MLS to Vegas.
Jonathan Fish, president of Fans for MLS to Vegas
Alan Snel, sports business reporter Las Vegas Review-Journal
Jason Ader, CEO of the hedge fund Owl Spring Asset Management
Neil deMause, co-author of “Field of Schemes, How the Great Stadium Swindle Turns Public Money into Private Profit.”
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