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LAS VEGAS, May 1, 2014 /PRNewswire/ -- Las Vegas Arena Company, owned by AEG and MGM Resorts International (MGM), broke ground today on a world-class, privately funded, $375 million indoor arena set to open in spring 2016. Located west of the Las Vegas Strip, between New York-New York and Monte Carlo resorts, the new 20,000-seat arena will host boxing, UFC and other sporting events, major ...