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Las Vegas Bidding For Pro Franchise

It now appears that the front-runners for the relocation of the Montreal Expos are northern Virginia and Washington, D.C., with Las Vegas being relegated to also-ran status.

Las Vegas has been considered a longshot all during the bidding process, which has been going on for two years, since the other 29 Major League Baseball owners bought the franchise and the league has been debating what to do with it. But even though its bid has come up short, Sin City is not a loser in this, far from it.

There have been a lot of jokes about Las Vegas’s pursuit of the Montreal Expos. They usually lead to a punchline such as ". . . and Pete Rose is going to be the manager." Or the joke teller will put a spin on it like, "Bud Selig doesn’t mind moving the Expos to Las Vegas, as long as Pete Rose isn’t the manager."

But a funny thing happened on the way to the bargaining table. Last Wednesday, the investment group that is trying to bring a major sports team to Las Vegas made its final pitch to MLB’s relocation committee and they weren’t laughed out of the room. That was a huge victory to not be dismissed out of hand.

The fact Las Vegas is being taken more seriously is due to many factors, not the least of which is the city’s growing population, which is up to 1.6 million residents (ranking No. 34 nationally) and an estimated 7,000 moving here every month, plus more than 30 million visitors a year. Another major factor is the expansion of gambling from coast to coast so that the public isn’t as shocked to have a casino in their own back yard, or near a ballpark.

The biggest obstacle remains the sports leagues, which are still leery of being associated with gambling, but that fear appears to be subsiding, bolstered by Nevada’s insistence that legal sports betting helps act as a watchdog for point-shaving scandals. Street and Smith’s sportsbusinessjournal.com polled "400 professional and college senior-level sports industry executives" and found that in response to the question "Would the elimination of legalized sports betting have a positive impact or negative impact on the sports business?" 68 percent said negative impact while only 6 percent chose positive impact. No impact came in at 26 percent.

Read the entire article at: Daily Racing Form 

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