Sphere opening: The exact date wasn’t specified,īut the opening of the MSG Sphere, the state-of-the-art events venue located behind the Venetian, has been announced for September. Further, the Rio’s owner, Dreamscape properties, has indicated that it plans to make a sizable investment into returning the property to its former glory and recently secured an $850 million loan, a portion of which is reportedly earmarked for that purpose, even if the stadium isn’t built. The vast parking lot and excess land surrounding the casino-hotel make it possible to build the stadium, even without having to demolish the buildings. The site has emerged as a strong contender to be the location of a Major League Baseball stadium that would be the home of the Oakland A’s. After years of neglect and borderline irrelevance, things might be about to change at the off-Strip Rio casino.
