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Oakland A’s Seek $500M Investor to Finance Vegas Stadium
Corey, why isn't Bally's mentioned in the article today. One week ago, you published these details: "Bally’s has repeatedly stated its intention to build a new, $1.5 billion baseball stadium for the Oakland Athletics on nine acres of the 35-acre site. Mortenson-McCarthy, the construction firm hired by the A’s, told the Las Vegas Stadium Authority last year that construction would start on the ballpark in April 2025, and finish in time for the start of the 2028 season.However, the recent further downgrading of Bally’s credit rating into junk territory by Moody’s has cast doubt on its future plans.In addition to building a baseball stadium, those plans include building an adjoining casino hotel on the Tropicana site. Bally’s has also fallen a reported $800 million short of being able to finance a casino hotel in downtown Chicago."
