
A phased development plan with built-in contingency. Conservative estimates. Public company transparency at every milestone.
All timelines are management estimates and subject to regulatory approvals, permitting, market conditions, and construction schedules. Ranges include contingency for standard development variables.
Secure project financing. Complete site acquisition and due diligence. Engage architecture and GC firms. Begin permitting process. Timeline dependent on capital raise completion.
Complete architectural design and construction documents. Obtain Clark County building permits. Finalize F&B and venue management partners. Permitting timeline subject to regulatory review cycles.
Interior demolition and 4-level bowl construction. MEP systems, commercial kitchen, AV installation (L-Acoustics, LED ribbon wall, Halo Screen). Gym and restaurant fit-out. Duration dependent on scope and permitting.
POS, ticketing, and security systems. Furniture, fixtures, equipment. Production testing. Staff hiring and training. Overlaps with final construction phase.
Soft opens, media previews, VIP launch events. Gym and restaurant may open ahead of the main venue. Grand Opening timing determined by construction completion and regulatory approvals.
Benchmarked against real comparable venue launches. Year 1 is about proving the model. Year 3 is about maximizing it.
1-2 events per week average.
Brand launch. Operational stress-testing.
Audience development. Prove the model.
Gym, restaurant, museum open daily.
~3–4 events per week average.
Expanded programming mix.
Grow memberships & sponsorship base.
Proven operations enable scaling.
6 events per week.
Full stabilized programming.
Maximum revenue diversification.
Industry-leading utilization rate.
Comparable Benchmarks: T-Mobile Arena (20K seats) hosted ~70 events in its first partial year. The Sphere hosted ~40 shows in Year 1. Resorts World Theatre started with a handful of residencies and scaled over 12 months. Industry consensus for mature mid-capacity arenas is 50–80 events/year before stabilization. Our Year 1 target of 75–100 events is ambitious but achievable, directly informed by these real-world comparables.
Building and land on Las Vegas Boulevard - a tangible, appreciating asset on the balance sheet. Real estate on LV Blvd has historically appreciated independent of operational performance.
Multiple independent revenue streams reduce single-point-of-failure risk. The venue generates revenue 24/7/365 from sources that operate independently of each other.
All material developments, financial results, and operational updates disclosed through proper SEC/OTC channels. Full visibility into project progress. No black boxes. No surprises.
This portal is a living document. As milestones are achieved - site acquisition, permit approval, construction progress, partnership announcements - they will be reflected here. Shareholders watch the plan become reality.
Multiple exit paths provide flexibility. The asset has value as a cash-flowing operation, as real estate, and as a strategic acquisition target.
Owner-operated for long-term cash generation. Multiple diversified revenue streams support sustainable distributions. Real estate appreciates independently.
Stabilized asset (Year 3+) refinanced at lower permanent rate. Investor partial exit via refinance proceeds. Industry-standard for venue development.
Stabilized venue sold to OVG, ASM Global, Live Nation, or casino operator at market valuation. Proven cash flow attracts institutional buyers.
Real estate assets qualify for REIT structure at scale. Vici Properties (VICI) and Gaming & Leisure Properties (GLPI) actively acquire entertainment venues on the Strip.
VXIT is already publicly listed (OTC). With stabilized revenue and institutional-grade operations, potential uplisting to a major exchange creates shareholder liquidity and broader market access.
Proven model replicated in other entertainment markets (Phoenix, Miami, Nashville). Platform value grows beyond single-asset valuation.
Programming is strategically aligned with proven Las Vegas demand spikes. Premium pricing during tentpole windows.
Note: Calendar represents premium pricing windows. Programming operates year-round on a weekly schedule.
151,200 square feet. Las Vegas Boulevard. Multiple diversified revenue streams. 24/7/365 operations. Conservative 3-year ramp. Built by operators who proved it in this market.