AEG Facilities, a division of venue and live-entertainment company AEG, will manage the new Las Vegas stadium when it opens next year, the Las Vegas Review-Journal reported.
The company announced that the co-owner and operator of T-Mobile Arena would oversee operations at the $1.8 billion, 65,000-seat stadium being built by the Oakland Raiders through a public-private partnership with the state, the report stated. Terms and the length of the agreement were not announced.
As part of a comprehensive management agreement, Los Angeles-based AEG Facilities will be responsible for stadium operations. That begins with providing pre-opening functions, including overseeing the hiring and training of the venue’s full-time staff and planning and executing the stadium’s grand opening schedule of events and activities. Meanwhile, AEG will manage key departments such as guest services, event operations, booking, security, ticketing, finance and human resources.
The stadium will be home to the Raiders when the team relocates to Las Vegas in 2020 and to the UNLV football team next season. The stadium also will be home to the recently reformatted Las Vegas Bowl featuring teams from the Pac-12, Big Ten and SEC conferences.
AEG also oversees the Oakland-Alameda County Coliseum where the Raiders currently play.
Because of AEG’s relationship with other venues worldwide and its affiliation with other AEG subsidiaries, the agreement is expected to enable the stadium to book concerts and other special events or tours.
AEG also operated the Colosseum at Caesars Palace. That venue will be undergoing a renovation this summer and AEG will relinquish its relationship with the venue when it reopens.
“We are honored to have the opportunity to partner with one of sports’ most recognizable, successful and iconic international brands and with a city known as the ‘sports and entertainment capital of the world’ in a stadium destined to set new standards for the fan experience that will be created,” Bob Newman, president, AEG Facilities, said in a release issued Tuesday.
“The addition of the Las Vegas stadium into our global stadia network will provide immediate opportunities to bring new high-profile events to Las Vegas to take advantage of the incredible new stadium and a city that knows how to deliver best-in-class experiences and events,” Newman said.
More details about the project will be revealed at the forthcoming Coliseum Summit US, Las Vegas, Nevada, US on August 28-29, 2019.
Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues.
Coliseum facilitates a dialogue between stadiums, arenas, clubs, leagues and experts and enables them to learn from each other while establishing relationships. Coliseum’s digital 365Coliseum Business Center is a vast pool of resource for the stadium and arena industry world-wide.