If We Build It, Will They Come?
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.
Andrew Zimbalist, Robert A. Woods Prof of Economics, Smith College