Sunday, August 4, 2013

The gamble Las Vegas passed on...

Daily Dose: Mandalay Sports Media, , a company which creates sports-related content and is headed by Hollywood player Peter Guber and Mike Tollin, said private equity firms Columbia Capital and Rho Ventures have bought a stake in the company and will be represented on its board of directors. 

We could have been a contender: Mandalay Entertainment, parent company to Mandalay Sports Media, owned of the Las Vegas Thunder Hockey Team and Las Vegas Stars Triple A Baseball franchise. Las Vegas leadership, including Mayor Goodman, turned down a full fledged sports stadium along with full size television and film production studio in favor of the Smith Center and other developments in the "Symphony Park" area. The mayor insisted on a downsized plan, but Mandalay wanted to do things right, so they took their toys back to Orange County and Hollywood. Mandalay Entertainment is the film company with the tiger as its logo.

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