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Las Vegas Arena Company, owned by AEG and MGM Resorts International (NYSE: MGM), broke ground today on a world-class, privately funded, $375 million indoor arena set to open in spring 2016. Located west of the Las Vegas Strip, between New York-New York and Monte Carlo resorts, the new 20,000-seat arena will host boxing, UFC and other sporting events, major headline entertainment, awards shows and special events. To view the Multimedia News Release, go to: http://www.multivu.com/mnr/7150351-aeg-mgm-resorts-international-new-las-vegas-arena-debut-spring-2016