NBA Arena Pitch by Caesars and VICI

Caesars and VICI Properties pitch a 40-acre NBA arena behind Paris, Horseshoe, and Planet Hollywood. New details: Plans revealed with Sean McBurney leading the project. The 50-acre parcel (including former F1 paddock area) is being positioned for a team. Decision expected by end of 2026. Competes with Diamond Arena near Mandalay Bay and Foley's group.