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UFC and Strip Venue/Casinos

Discussion in 'Misc. Vegas Chat' started by engicedave, Jul 8, 2012.

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  1. engicedave

    engicedave VIP Whale

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    We all know the UFC is owned by the Fertitta Bros and Dana White, and the Fertitta's own Stations Casinos (and Fiesta and a couple others), locals joint casinos.

    I always wondered why they gave up so much money to MGM, Palms and Mandalay Bay to put up their fights, and realized that none of the Stations properties have adequate arenas and are too far off the strip, except Palace Station, but it's not much of a draw.

    So I started thinking, even though "theming" of casinos has kind of gone away and being phased out, UFC is super hot and churning billions of dollars as both a sports franchise and in marketing.

    So here's my thinking, as stupid as it may seem, and comes in several parts.
    1. Could a "UFC Casino" work on or near the strip?
    2. Would the savings earned by not paying rent to venue and/or lost gaming, dining, hotel revenue (pre and post fight) (It's been said some events pay no rent because of the amount of publicity and people drawn), so would those losses (now gains) make such an investment worthy?
    3. Is there a suitable casino on or near the strip, with an arena or space to build one, available? How about Orleans? That'd fit BOTH Stations Casino model AND fit their fights

    and 4. Anyone know if Dana and the Fertitta's have ever explored or discussed this?
     
  2. captainron62

    captainron62 VIP Whale

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    The one foreseeable problem is if the UFC Ownership had any stake in the casino they would not be able to take gambling action on the fights. I have always assumed that was part of why they didnt take more of an active role in hosting the fights themselves.

    I also wonder if it would compromise the integrity of the promotion in the eyes of some? The fight game is often a cruel mistress and maybe they are better off letting another Casino host the fights and deal with all the headaches that obviously come with a large scale promotion.
     
  3. engicedave

    engicedave VIP Whale

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    Never thought of sportsbook aspect, but I do remember a fight at Red Rock a few years back
     
  4. thenuke1

    thenuke1 High-Roller

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    UFC makes WAY more money charging ridiculous ticket prices holding evens at MGM Grand then at a station bingo hall.
     
  5. engicedave

    engicedave VIP Whale

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    But if they had their own arena, they could still charge those fees and KEEP IT ALL
     
  6. captainron62

    captainron62 VIP Whale

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    Its an interesting idea, especially with the Rio and Mirage for sale. With as many UFC fights as they now have the revenue from those alone would be mind blowing.
     
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