Bally’s shares plans for mixed-use casino project around A’s upcoming Las Vegas ballpark | Yogonet International

Bally’s shares plans for mixed-use casino project around A’s upcoming Las Vegas ballpark | Yogonet International

Summary

Las Vegas will get a new 26-acre sports and entertainment district developed by Bally’s around the Athletics’ $2bn, 33,000-seat ballpark on the former Tropicana site. The scheme — Bally’s Las Vegas — includes 500,000 sq ft of retail, dining and entertainment, a 3,000-room hotel-casino in two towers, a 2,500-seat theatre and 104,200 sq ft of casino space split across main gaming floor, events area, sportsbook and support spaces. Construction is due to start in 2026 with phase one opening alongside the stadium in 2028.

Key Points

  • Project sits on 26 of the 35 acres of the former Tropicana site; 9 acres allocated to the A’s stadium.
  • 500,000 sq ft of retail/dining/entertainment; 3,000 hotel rooms across two towers; 2,500-seat theatre.
  • Casino area totals 104,200 sq ft: 56,000 sq ft main floor, 13,500 sq ft events, 16,500 sq ft sportsbook, plus support spaces.
  • First phase (2026–2028): 9-acre plaza, 2,500-space parking garage, shared utility plant; full site to reach ~5,000 parking spaces.
  • Planned features include a rooftop pool sports bar, large LED cylindrical sign and a 14,800 sq ft Vegas Loop station.
  • Bally’s is working with JLL on leasing; Marnell Architecture is architect of record.
  • Company emphasises non-gaming revenue — reflecting that ~75% of Vegas revenues are non-gaming.
  • Stadium financing: $2bn stadium backed by $350m public funds; US Bank and Goldman Sachs providing $300m in loans.

Content Summary

Bally’s will lease the Tropicana site from Gaming and Leisure Properties for $10.5m per year and phases construction to align with the A’s move to Las Vegas. The developer plans a sequence of builds — plaza and parking first, then theatre and additional retail, with the second hotel tower deferred until stadium works finish.

The project sits alongside Bally’s other major developments (a $1.7bn Chicago resort and a proposed $4bn Bronx resort) and awaits Clark County review of the A’s development agreement on 8 October; the aim is to open in time for the A’s 2028 Las Vegas season.

Context and Relevance

This is a major urban redevelopment tied to sports-driven placemaking — a trend in cities using stadiums to spur mixed-use investment. For investors, operators and local planners it signals continued confidence in Las Vegas tourism and a strategic shift towards non-gaming revenue streams (retail, F&B, live entertainment).

Author style

Punchy — this summary pulls out the hard numbers, the schedule and what it means for Bally’s and Las Vegas. If you’re tracking casino operators, large-scale urban projects or stadium-led regeneration, this one matters.

Why should I read this?

Short version: big numbers, clear timeline, and loads of commercial detail. If you want the headlines without sifting through filings — and you care about how Vegas is being reshaped — this gives you the essentials fast.

Source

Source: https://www.yogonet.com/international/news/2025/09/29/115558-ballys-shares-plans-for-mixeduse-casino-project-around-as-upcoming-las-vegas-ballpark

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