Long-running rumors about the Rio Hotel & Casino Las Vegas potentially becoming the site of a Major League Baseball (MLB) stadium resurfaced Thursday. That added a third venue to the list of candidates that eventually may be the home ballpark for the Athletics, currently of Oakland.
Citing an unidentified source with knowledge of the matter, the Las Vegas Review-Journal reported earlier today that the A’s are mulling the land on which Rio resides as a possible site of a new $1 billion stadium. Speculation to that effect is several years old, though recently died down as Tropicana and the Las Vegas Fair Grounds next to Circus Circus took center stage as potential stadium sites.
As would be the case with Tropicana, erecting a stadium on the land on which the Rio resides would require demolishing the casino resort. By way of a December 2019 $516.3 million sale-leaseback transaction, Caesars Entertainment operates the gaming venue, while Dreamscape Companies owns the real estate.
Citing an unidentified source with knowledge of the matter, the Las Vegas Review-Journal reported earlier today that the A’s are mulling the land on which Rio resides as a possible site of a new $1 billion stadium. Speculation to that effect is several years old, though recently died down as Tropicana and the Las Vegas Fair Grounds next to Circus Circus took center stage as potential stadium sites.
As would be the case with Tropicana, erecting a stadium on the land on which the Rio resides would require demolishing the casino resort. By way of a December 2019 $516.3 million sale-leaseback transaction, Caesars Entertainment operates the gaming venue, while Dreamscape Companies owns the real estate.