Last call? VIPs could drink alcohol until 4 a.m. at new Clippers arena if this bill becomes law [Los Angeles Times (CA)]
Madison Square Garden Sports Corp. Class A (New) (MSGS)
Company Research
Source: Los Angeles Times
The state Senate this week quietly approved a bill that could finally change that time prohibition, but only for a very select group: VIP suite holders at Inglewood's new Intuit Dome stadium. The bill, which was approved with little debate on the Senate floor Tuesday and now heads to the Assembly, would allow alcohol to be served until 4 a.m. to dues-paying members of private suites inside of Intuit Dome, the $2-billion, 17,700-seat new home of the Los Angeles Clippers that celebrated its grand opening this month. The futuristic, eye-catching indoor arena that also acts as a concert venue was bankrolled by Steve Ballmer, the former chief executive of Microsoft and owner of the Clippers NBA team who is among the richest people in the world. Ballmer's company Murphy's Bowl is a sponsor of AB 3206 and has urged the Legislature to pass it as a boost to a unique Los Angeles community that draws hundreds of thousands of sports fans each year. But the legislation has drawn criticism
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MSGS
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- 8/13/24 - Beat
MSGS
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- MSGS's page on the SEC website