Many people go to Las Vegas to shoot craps, play the slots or indulge in some high-stakes poker (and let’s not forget the Barry Manilow gigs). But America’s gambling center could be a great place for professional sports.
National Hockey League Commissioner Gary Bettman told the Reuters Media Summit that the league is not looking to expand , but argued that Las Vegas has what it takes for at least one major sports franchise — although it needs a bigger stadium. Listen below to hear his thoughts.
When it comes to the media business, the script reads that advertising will soon bounce back, a rush of deal making is around the corner and a smart investor should scoop up cheap stocks straight away. Full Article
The Shanghai government may soon give preliminary details on plans for a new Disney theme park, as it awaits Beijing's formal approval for the project, a government source said. Full Article
News Corp and Scripps Networks Interactive are lead bidders for Cox Enterprise's Travel Channel, and talks are now focused on the winner forming a joint venture with Cox, sources familiar with the matter said. Full Article
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