MGM Resorts and AEG Break Ground

(L-R) Sportscaster Jim Gray, Clark County Commissioner Steve Sisolak, President and CEO of AEG Dan Beckerman, MGM Resorts International Chairman and CEO Jim Murren, sportscaster Bill Walton, UFC President Dana White, Golden Boy Promotions CEO Richard Schaefer and President of business operations for the Los Angeles Kings Luc Robitaille attend a groundbreaking for a USD 375 million, 20,000-seat sports and entertainment arena being built by MGM Resorts International and AEG on May 1, 2014 in Las Vegas, Nevada. The arena is scheduled to open in early 2016.
(April 30, 2014 - Source: Ethan Miller/Getty Images North America)