“The arena will be world-class,” he said. “We’re prepared to spend about a billion dollars on building the new arena. It will be for music, it’ll be for sports, it’ll be for cultural activities, and should the NBA decide to come—and by the way there’s no certainty or no guarantees that the NBA is ever coming to Vegas but should they come—we certainly will be NBA-ready and make sure that we hit all of their standards.”