LAS VEGAS, June 18, 2013 – AEG and MGM Resorts International (NYSE: MGM) have completed and executed transactional agreements formalizing the details of the previously announced joint venture to build a new arena project, which will be the centerpiece of a complete revitalization of the area between New York-New York and Monte Carlo resorts, extending from Las Vegas Blvd. to Frank Sinatra Drive. They have selected Populous, designers of many of the world’s most memorable sports, concert and entertainment venues as the Architect of Record and designer for the new approximately 20,000-seat indoor arena.

... World leaders in the design and development of iconic arena projects, Populous’ portfolio of sports facilities includes more than 20 projects in association with AEG or ICON Venue Group (serving as project managers for the project) including London’s O2 arena, Berlin’s O2 World arena and Kansas City’s Sprint Center.

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