Edmonton rejects Oiler [Arena] bid for more taxpayer dollars
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09-19-2012, 05:04 PM
Originally Posted by
It sounds like Katz wants to build something similar to the LA Live complex down here. You've got Staples Center, two hotels, condos, the Nokia Theater, a bunch of restaurants.
So that will put other, non-Katz enterprises out of business as entertainment dollars get shifted to Katz enterprises, and he gets to reap over-sized rewards for the new Katz establishments.
I get how this is good for Katz. Unclear how this is good for anybody else.