MGM's Mandalay Bay to Rename Sports Arena
February 11 2021 - 12:53PM
Dow Jones News
By Kimberly Chin
MGM Resorts International's Mandalay Bay Resort and Casino has
agreed to rename its Las Vegas sports and entertainment venue, as
part of a multiyear naming rights deal with Budweiser parent
Anheuser-Busch InBev SA.
The arena, which hosts Ultimate Fighting Championship events,
the Latin Grammys, the Miss USA pageant and more, will be renamed
the Michelob ULTRA Arena.
As part of the agreement, Anheuser-Busch will be able to offer
its drinks and other assets inside the arena as well as sponsor
events, including exclusive on-property events, for the duration of
the agreement.
"As the world returns to traveling and enjoying entertainment,
we look forward to all of the events to come at the Michelob ULTRA
Arena," said Matt Davis, Anheuser-Busch's head of U.S. sports
marketing, in prepared remarks.
The venue completed major renovations in 2019, which included
upgrades to its seating, concourse and locker rooms, as well as its
technology and lighting systems.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
February 11, 2021 12:38 ET (17:38 GMT)
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