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The Athletics are on schedule to open their new stadium on the Las Vegas Strip when the team moves to Sin City in 2028. However, recent reports indicate that other aspects of the area are running behind schedule.
The Athletic reported on Tuesday that opening day in 2028 may not look like the artist renderings that Bally’s released in September. Bally’s is supposed to build retail shops, and a casino hotel resort surrounding the stadium. But those likely won’t be open for MLB’s Opening Day 2028.
The news comes after Bally’s CFO Mira Mircheva told the Nevada Gaming Control Board the exact opposite. Mircheva that the company expects to open retail establishments when the $2 billion stadium is unveiled.
However, Las Vegas Convention and Visitors Authority CEO Steve Hill said the company doesn’t yet “have the financing in place to do it.” Hill also serves as chair of the Las Vegas Stadium Authority. The group was the driving force behind bringing the Oakland A’s franchise to Vegas.
Club Responsible For More Costs
Faced with those funding concerns, the stadium authority gave Bally’s until August to offer a solution. The A’s are paying $1.1 billion as part of the deal to build the stadium. Another $300 million came from a construction loan and $380 million from Nevada and Clark County.
Bally’s is providing nine acres on the site of the former Tropicana casino. However, the company was expected to spend more than $1 billion to construct an entertainment and resort project around the stadium. The project included two new hotel towers.
Those may now not be in place when the stadium opens, according to reports. According to an SFGate report, that will add costs to the baseball franchise. Now, the Athletics may have to spend more to shore up some of the planned amenities for the ballpark. That could include a parking structure, adding as much as $60 million to $100 million to the team’s share of costs.
The MLB franchise may also be on the hook for a utility plant, smaller than what Bally’s had planned to build, and a scaled-down plaza and entrance to the stadium. This comes as the cost of the project has ballooned from an original estimate of $1.5 billion to more than $2 billion.
Other Bally’s Projects
Bally’s is in the midst of some other major projects. That includes finishing up a permanent Chicago casino. City and state officials approved the property in 2023. The $1.7 billion casino and hotel is scheduled to open later this year, according to Mircheva.
“We had some weather delays earlier in the year, but we’re moving very quickly and working toward targeting the project for the end of 2026,” she said.
In New York City, Bally’s won one of three downstate casino licenses in December. The company is constructing a $4 billion casino in the Bronx and has now paid for the gaming license.
The company also began operating Australia’s Star Casinos in 2025 after providing the troubled gaming company with a $300 million cash infusion last April. Bally’s now owns 38% of Star.