4 September 2016 - 21:02

Las Vegas's Neonopolis gets esports Arena

Las Vegas is getting a new esports arena sponsored by PGL and Stratton Capital Corp.

A new esports arena is coming to Neonopolis in downtown Sin City.

A 15,000 square foot space previously used as part of a movie theater and nightclub on Neonopolis's third floor will now be home to two esports arenas. One will strictly be an arena while the other will hold matches as well as a studio for streaming.

alt Image courtesy of Bizuayehu Tesfaye/Las Vegas Review-Journal

The company behind this project, Pro Gaming League Inc, is in the process of a merger. Stratton Digital Corp. will be acquiring PGL's outstanding shares.

The name of the two companies will be "Millenian Esports" according to future CEO Alex Igelman. Igelman is a longtime gaming lawyer and consultant in Toronto and has experience working with Vegas casinos for more than 25 years.

He expects the arena to seat 400-500 people and to be opened by the end of the year. They have a deal to host a Halo championship event in November. Igelman has not disclosed the arena's building cost, but claimed that all of the funds came from local and Canadian investors.

Igelman claims that the downtown location will attract younger demograpics and will help the venue stand out more.

“It will drive a lot of people here who may not necessarily want to gamble or go to a show,” Igelman said.

alt Image courtesy of Bizuayehu Tesfaye/Las Vegas Review-Journal

The Neonopolis location has its own parking space and is close to attractions such as the Fremont Street Experience and the Fremont East pub hub by foot, according to Igelman.

Neonopolis owner and developer Rohit Joshi said that the building’s 240,000 square feet of leasable space is 38 percent full, and he expects to have the building half full by the end of the year.

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