Las Vegas Arena closer to completion; Paragon Gaming to manage Westgate

Ironworkers place the final beam on the MGM–AEG Arena in the Las Vegas Strip on Wednesday, a milestone that occurred two days ahead of schedule.

The $375 million arena is owned by the Las Vegas Arena Company, a joint venture between MGM Resorts International and AEG Live.

AEG is in talks with several international brands for the naming rights deal for the building. Several companies have been signed up as partners such as Coca-Cola, Toshiba and Schneider Electric.

The 20,000-seat venue will host the biggest names in entertainment such as UFC events, boxing matches, Hockey games, college basketball games and concerts.