Bret McCormick

Vivid Seats’ full-year marketplace gross order volume (GOV) of $3.9B was 23% higher than the 2022 fiscal year, while total marketplace orders rose from 9.2 million to 10.9 million, according to the secondary ticketing marketplace’s full-year SEC filing released Tuesday. Vivid’s revenue ($712.9M) was 19% higher and net income...

The New York Racing Association revealed more details about the state-funded $455 million revamp of Belmont Park, including fan amenities and infield access as well as improvements to its barn and other facilities. The NYRA is overseeing the project, which will transform the existing 1.25 million-square-foot facility into...

A 67-acre, $2.4 billion mixed-use development including a new stadium, phased over 10 years, sounds like the kind of project any Major League Baseball team could be unveiling these days. In fact, it’s in Richmond, Va., and the city’s Class AA Squirrels would make their home...

Mercedes-Benz Stadium is unveiling two new premium spaces today, The Chairman’s Lounge and Stadium Club, both of which will be ready by August for the 2024 NFL and college football seasons. The two new spaces are derived from the multi-million-dollar conversion of the 7-year-old stadium’s former restaurant,...

OCVIBE has selected Innovative Partnerships Group (IPG) as its exclusive agency of record for the $4B mixed-use development project that is underway in the roughly 100 acres surrounding Honda Center in Anaheim. OCVIBE, owned and developed by the Samueli family (which owns the Ducks), ran...

ASM Global is expanding its Business Incubator Program (BIP) and introducing the Supplier Diversity Legacy Program (DLP) to encourage inclusivity, innovation and sustainable business practices within the venue management company’s global supply chain. The BIP offers a six-week curriculum of accelerated classes designed to empower emerging businesses globally through...

Nations Group has been selected to serve as the owners’ rep for the Augusta-Richmond County Coliseum Authority on its $250M arena project that’s getting underway in June. Richmond County voters approved a half-penny sales tax in November that paved the way for the new arena, which is scheduled to...

Comcast Spectacor’s plans for redeveloping the expansive South Philly Sports Complex parking lots to which it holds development rights have been released. Phase 1 of the, so far, two-phase project is moving forward in the coming months and will include $12M in updates to the...

The Commanders announced another round of fan-facing renovations this morning that takes the new ownership group’s total investment in improving the stadium, fan, and player experience to $75M since purchasing the team last summer. The latest upgrades will include faster stadium ingress, new premium seating options and...

Oak View Group is now developing arenas on four continents after breaking ground on a new $100M arena in Lagos, Nigeria. OVG partnered with Live Nation, the Persianas Group (a Nigerian real estate investment firm), and the Nigerian Sovereign Investment Authority. The Yinka...