‘Arbitrage’ should put Richard Gere back on the movie star map

When things are going strong for Miller, Gere gives us a raucous, pompous performance of a man deifying himself. Gere really shines, though, as Miller comes close to losing everything. That’s both a testament to Gere’s performance as much as Jarecki’s screenplay.

“Arbitrage” opens in theaters and is also available on-demand on September 14.

Gere delivers his best performance to date as Robert Miller, a hedge fund magnate secretly on the brink of bankruptcy. Though he is a pretty rotten person and quite conscious his actions are destroying everyone around him, it’s hard to not have a modicum of empathy for Miller. Susan Sarandon gives a noteworthy performance as Miller’s wife. In a shady move to make his company look profitable and enticing to potential buyers, Miller borrows half a billion dollars from an associate (played by director William Friedkin) to temporarily store in his accounts. Bryer’s (Tim Roth) scrutiny while working the legal system to get his patsy (Nate Parker) off an accomplice charge. No matter which road he takes, Miller is on his way to a very bad place. Roth is coarse as he cuts through all the seedy economic and legal details, desperately trying to stick evidence to the sly and slithering Miller. On top of all that, Miller must hide his fraudulent business dealings from his heir-apparent daughter Brooke (Brit Marling) and try to negotiate his buyer into purchasing his failed company. Miller is then caught in a series of escalating nightmares, from an affair gone wrong to the looming merger deadline to becoming the target in a police investigation.

Richard Gere cooks the books in “Arbitrage,” an elegantly crafted potboiler that fires on all cylinders, giving the “Officer and a Gentlemen” star his juiciest role yet.


Director Nicholas Jarecki’s first feature shows that he is a master juggler, keeping many equally intriguing threads of the story in the air without ever letting them fall. He is a perfect fit for Robert Miller, just as “Arbitrage” is a perfect fit for the star.

Jarecki fashions a wonderful Shakespearean character with Miller. Miller’s scheme is mere inches from success when he accidentally kills his mistress (Laetitia Casta) in a car accident, bringing forth questions from the police and his wife (Susan Sarandon).  He works hard to avoid NYPD Det. She expertly turns a seemingly non-existent role from the first half of the film into a heavy-hitting, blood-boiling performance by film’s end.

Gere is superb at portraying the sliding scale of success. Jarecki gives us a fascinating look into the mind of a financially and morally bankrupt individual.

Gere is wonderfully contrasted by the gutsy and grimy performance by Tim Roth as Detective Bryer. He keeps up the façade of a sparkling billionaire, but behind those eyes we see raw fear and a conscience devouring itself.

“Arbitrage” is a resurrection of sorts for Gere. We witness him consciously make terrible choice after terrible choice, like a tragic hero. With a sale pending, his associate demands his money back, against Miller’s protests

International Sports Gambling Ring Busted by FBI Video

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Company Profile for Global Betting & Gaming Consultants

The latest

review published October 2008 extends to over 1000 pages.

Our client base ranges from leading financial institutions such as UBS

and Dresdner Kleinwort to William Hill plc

GBGC’s combination of operational and

financial experience combined with our gambling industry focus, our

extensive network of contacts and that fact that we are regarded as an

independent commentator on the industry means that we are able to

scratch the surface and get to the bottom of issues which can sometimes

be clouded by data alone.


Public Relations

–(BUSINESS WIRE)–Global Betting and Gaming Consultants (GBGC) was established by its

Chief Executive and founder Warwick Bartlett during 1998.

COO: Mark Pilkington

GBGC also provided the data on Internet gambling to lawyers representing

the government of Antigua in its case against the United States at the




Head Of Research: Lorien Pilling






Key Executives:



2nd Floor , 8-10 Malew Street

Castletown, OTHER IM9 1AB

United Kingdom


Main Telephone:

The statistics and forecasts that are contained within the Global

Gambling Report have become widely recognised, within the industry, the

financial community and the Media, as the industry standard for sizing

both the online and offline gambling markets. Typically clients include, operators,

monopolies/lotteries, suppliers, investment banks, the major

consultancies, and governments.



Type of Organization:

In addition GBGC could offer the added value of the knowledge of over

200 additional betting, gaming and lottery markets around the world and

would be able to instantly highlight any relevant comparators, etc. Consequently GBGC are the

most widely quoted source of industry data in share prospectuses and

analysts’ notes as well as on TV/Radio and in publications as diverse as

the Financial Times, Forbes, Time Magazine, BBC Radio 4, BBC Breakfast,

ITN news, the Economist and Fortune magazine.


GBGC’s tracks market data, regulation and

industry news as it happens. Bartlett has

an extensive track record in the gambling industry spanning some 40


With an international focus GBGC are able to offer clients an additional

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specialist industry press, both domestic and international, the company

also benefits from a daily electronic press cutting service that covers

more than 2,000 publications worldwide. As a result in this

instance we would be able to offer knowledge of the European, Australian

North & South American and Asian gambling markets.

. As a result they have a much more in

depth understanding of the key issues and the direction that market


Lorien Pilling



CEO: Warwick Bartlett


Global Betting and Gaming Consultants


Public Relations

Warwick Bartlett


GBGC has established itself as the most credible specialist

international gambling consultancy in the world. This is monitored on a daily

basis with a newsfeed service being provided at www.gbgc.com.


Projects have included market research/assessments, business/facility

planning, product evaluations, design/operational reviews, the

development/review of corporate strategies, license applications,

regulation development for and on behalf of governments, IPOs, M and A

and due diligence. The company has work

with or supplied information to over 400 clients the majority of whom

are ‘blue chip’.


Headquarters Address:

In addition to its consultancy GBGC has produced four reviews of the

global gambling market that have been widely acknowledged to be the best

available both in terms of both their detail and accuracy. GBGC

also keeps abreast of all the latest corporate news in the sector as the

company publishes the quarterly GBGC50 and iGBGC indices.

Bartlett was advisor to The Government of Malta for two years and our

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implementation of their new Gambling Act.


GBGC’s personnel spend all of their time

looking at the gambling market

Review: Richard Gere too good to ignore in ‘Arbitrage’

Good job on that, since he’s just lost $400 million in a bad copper-mine investment, and if he can’t cover it up and unload his company on a major bank, his career will go kaput along with his fortune. True, this territory has been covered from Wall Street to last year’s “Margin Call.” But Gere and first-time director Nicholas Jarecki put a tantalizing spin on what goes on in the head of a fraudulent hedge-fund manager when he decides to stick it to the rest of us, including his own family.

Story highlightsRichard Gere stars as a fraudulent financier in the filmCritic says Gere’s performance is “a thing of toxic beauty”The movie also stars Susan Sarandon and Laetitia Casta

It’s instructive to note what a killer actor Richard Gere can be when a movie rises to his level.

Jarecki knows the territory. And Gere knows the man, inside and out. Gere digs so deep into this flawed tycoon that we come to understand Robert’s actions without for a minute forgiving them. But Robert keeps his cool until the sudden death of one of these women has him dodging a possible murder rap with the grudging help of Jimmy Grant (a terrific Nate Parker), the son of the family chauffeur and the only black man in Robert’s circle of white privilege. Watch him in the scene when Sarandon — in full, feisty flower — hits Robert with a lifetime of resentments. And the glamour in his field of vision — cheers to cinematographer Yorick Le Saux (I Am Love) for the sheen and composer Cliff Martinez (Drive) for the seductive mood — is tempting enough to make us all complicit.

Gere’s performance in “Arbitrage” is too good to ignore. There’s enough plot here to stuff a miniseries or three, yet “Arbitrage” never descends to bland and predictable. It’s an implosive tour de force.

Gere’s Robert Miller is the picture of unflappable elegance. And it resonates in his exceptional screenplay, which potently captures the gleaming seduction of Robert’s world and the fear that festers underneath.

Like the best movies, “Arbitrage” persuades us to ask tough questions about ourselves. Despite his box-office success in crowd-pleasers such as “An Officer and a Gentleman,” “Pretty Woman” and “Chicago,” Gere has long been underrated. Wearing the trappings of wealth like a second skin, Gere invites us to see what Robert sees. At 62, he is at the peak of his powers. Fraud puts pressure on Robert’s skill at deceiving wife Ellen (Susan Sarandon), French mistress Julie (Laetitia Casta) and chief accountant Brooke (Brit Marling), who also happens to be his daughter. Credit Jarecki, whose combustible directing debut gives “Arbitrage” the charge of a thriller and the provocation of a moral fable. And Gere nails every nuance in a role that holds up a dark mirror to the way we live now. His rapt, watchful performance is a thing of toxic beauty. That’s when NYPD detective Michael Bryer (Tim Roth) smells a rat and Robert’s world begins to unravel.. She can’t rock his composure. Docs run in the Jarecki family, with half brothers Andrew (“Capturing the Friedmans”) and Eugene (“Why We Fight”) making notable contributions to the genre. No Academy love, not even for his sinister brilliance in “Internal Affairs,” “American Gigolo” and “The Hoax,” or for the battered heart he brought to the cheated-on husband in “Unfaithful.”

“Arbitrage” is such a movie, a sinfully entertaining look at the sins committed in the name of money. But Gere gives us a window into the soul of a man who finally realizes that even money will no longer help him lie to himself. For proof that we’re in financial hell, look around. As the son of two commodities traders, Jarecki has Wall Street in his DNA. Jarecki has an eye for the telling detail, not surprising given his start with the 2005 documentary “The Outsider” (about rogue director James Toback)

Cute Facebook Album Names – InfoBarrel

Maybe it has to do with an inside joke you personally share with only your best friends?

The bottom line is that there are plenty of cute Facebook album names out to choose from. The perfect cute Facebook album name is in here somewhere, and if it is not, then don’t be afraid to look other places because they are all around you!

“I know it might be wrong, but I’m in love with Stacy’s mom”

Live.Laugh.Love ?

Our last summer, memories that remain

a picture is worth a thousand words

“Because I knew you, I have been changed for good”

There are many cute Facebook Album names out there to choose from. You’re totally bonkers. always love.

friends are forever ?

Now, some of these titles I came up with on my own, but I will give credit and tell you that many of my friends have these as titles themselves. All the best people are.

best friends ? I think so

even when I’m on my back ; I’m never backing down ?

Swimming through rapid waters

My friends are the best I could ever ask for!

Sometimes cute Facebook album names can be hard to come up with, but that is okay because I have plenty for you! All of your friends are sitting at their computers trying to come up with a perfect title, but I already have many to choose from here for you. These are really just some of many titles that can and should be used! You know what your friends are like, and if you really try, can sit down and think of a hilarious title that they will love. Don’t be afraid to give any of these cute Facebook album names a try and see what comes of it.

Time moves on like a river, but don’t ever forget the people that are running right beside you

It’s going down like chicken town

My FrIeNdS ArE tHe BEST!


When life gave me Lemonade

Am I mad? Yes.

Turn around, bright eyes

Yesterday, now, tomorrow… But I’ll tell you a secret. I know for a fact that some of these cute Facebook album names can guarantee you likes and notification for when you login. There are also many funny Facebook album names out there too, but that’s for another day! Go out and shock your friends now with your insanely cute Facebook album names.

Angels on the Moon – And you are just another one of them!

Nothing’s sweeter than summertime

“My lip gloss is popping, my lip gloss is cool, all the boys keep jocking, they chase me after school”

It’s time to PARTYY!

pictures of youu, pictures of mee ?

The Basics Of Casino Gambling

Any such business affecting the inter-state business and commerce, and failing to abide by t state rules for running a business will also come under the jurisdiction of gambling laws. The first thing you understand in casino gambling is Bets valuation. It is known that online gambling sites cannot accept any kind of encrypted credit card data that can be used for making payments. According to a recent survey conducted there are around 14.5 million gamblers around the globe.

For tips on how to play casino games, visit our website.

Article Directory: http://www.articledashboard.com

The Worlds first online casino: Internet Casinos Inc (ICI) started its operation in the year 1995. Players who play games with smart analysis will surely succeed with less time.

If a player has an intention to play in an online casino, compulsorily he should have a bank roll. Gambling laws are aimed to address this issue and provide assurance about the sense of security and privacy among the public. Gambling is not illegal; players can go to online casinos and play these games. All these gambling casinos generate a turnover of $3 billion for year. On the other hand, although gambling has been disciplined by state laws, some lobbies in the government exist in favor of gambling. It is really difficult to predict how online gambling malfunctioning can come under the proper control of the law and order and that’s why one needs to know the basics of casino gambling in order to be on the right track.

The emergence of these technologies was accompanied by a sense of uncertainty at the time of using them, especially for private communications.

They should select games offering great bonus points.

By: FastSubmitArticles.com

As per the law, major financial institutions are required to design and enforce policies and procedures which will restrict the process of illegal funding to the online gambling operators. Second important point a gambler should have is patience. Today there are around 1400 websites offering varieties of gambling games. Learn how to play poker and casino table games today.. Gambling is not a simple task, it needs patience and at the same time innovative moves. If you people wish to make more money online, then here are some of the common techniques. This online casino started its services with 18 games from 18th august 1995. This bank roll allows him to place bets on the games being played. Statutes also state that it is inappropriate to use a gambling ship for the transfer of goods or people from one place to another. For example: Which is the better option among these two? Playing a slot machine which has million dollar pay out or playing a blackjack which has less price money? Definitely, if they both have same price we will prefer a slot machine. Players should evaluate the game and inquire about the probability of winning it

Sports Betting Odds by Benered Fransisco

And most of the illegal books of Nevada draw their odds from casinos. The sports betting odds makers set the money line, as more money must be risked for the favorite or the person expected to win and very less on the underdog or the person more likely to lose, so that there occurs a balance between both sides of the contest.

In sports betting odds, the odds are made not by the common people. Apart from this, he also works as a consultant on gaming management, strategies, personnel and marketing. But even then, there occur many loopholes through which people play their own gaming!

In college, also sports betting odds have taken reign even though it might be considered illegal by many. The bookies set a lot of numbers by keeping the public in mind and the person who begins to study can understand easily as to how the person can gain more and on the numbers set by the bookies.

. Money line in sports betting odds is decided by the event winner with no regard to the point spread as there is occurs no point spread. The main basis of the wager is the straight up outcome, which is not in to a point spread. In sports betting odds, the odds are termed as “MONEYLINE”.The sports betting odds there are no point spread for many of the sports such as boxing, tennis etc as there occur no way to measure the points or score in which the player wins or loses by. It is an entirely different case in sports betting odds, as about 75% of odds are established for the licensed Sports Books in Nevada as well as for Oregon State Lottery by Las Vegas Sports Consultant Inc, which is run by Michael ‘Roxy” Roxborough. In sports betting odds, there are many things, which are illegal such as transmitting information on gambling across the state for placing, or taking bets is considered illegal. In sports betting odds, such as football odds is becoming more vibrant each year. In such sports like boxing, the only thing that counts is who wins and who loses, and in such cases, the money line wagering enters in!

In sports betting line, money line is like point spread that is used to equal the attractiveness of the favorite and the underdog for the person betting. Sports betting odds can be defined as “the likelihood of an outcome occurring that is stated in a number form”. This field is considered as a way to make huge profits if the person is a smart bettor who has practiced proper money management

The financial impact of championship basketball

It has raised $515 million of a $600 million capital campaign that started in 2013.

At least the Lady Huskies basketball team’s financial performance was relatively impressive, according to sports economist Victor Matheson a sports economist at the College of the Holy Cross, who added that you would think “if anybody could make money, it would be UConn.”

Men’s basketball is big business for the NCAA, thanks to the 11-year, $10.8 billion broadcast deal it signed in 2011 with CBS (CBS), the parent of MoneyWatch, and Time Warner’s (TWX) Turner Sports. However, said an NCAA spokeperson, “The funds are not intended to support only men’s basketball programs — schools can use them for any number of purposes, including sports sponsorship/scholarships for the entire department.”

Data that UConn submitted to the U.S. That money is used to fund scholarships, provide assistance for athletes and subsidize sports for both men and women. Although the NCAA encourages conferences to dole the money out equally to their schools, it doesn’t require them to do so. Conferences such as the Pac-12 and the American Athletic Conference follow the organization’s advice, while the Big East doesn’t.

Applications to UConn reached a record high of 34,019 this year, and undergraduate enrollment is at 23,407, nearly double 2001′s 13,251. “All schools receive money.”. During that time, Uconn’s endowment jumped from $165 million to $384 million.

Villanova will also earn a cut from the NCAA’s $205 million Basketball Fund, which is earmarked for men’s teams only. Department of Education, the Wildcats basketball team generated revenue of $10.3 million on expenses of $8.2 million. A big chunk of the team’s costs comes from coach Jay Wright’s salary, which according to the university’s latest form 990, was $2.43 million.

An NCAA study found that as of 2013, only 3 percent of men’s basketball programs generated surpluses, which was in line with previous years. Of course, Villanova is making the most of its most recent athletic glory.

The University of Connecticut’s Lady Huskies basketball team capped off an undefeated season last night by winning their fourth straight national title. “Most schools lose money overall on their athletic programs,” he said.

Athletic success has surely helped boost both colleges’ popularity with prospective students as much as it burnishes their brands with benefactors. “It provides the university with a springboard for engagement rather than a massive immediate uptick in donations,” Michael O’Neill, the university’s vice president for university advancement, told CBS MoneyWatch. However, unlike Villanova University, which won the men’s championship, UConn’s success on the court hasn’t yielded similar financial dividends.

According to the most recent data Villanova submitted to the U.S. No women’s programs were profitable. About 8,500 students applied to Villanova when it earned its first title in 1985, and that figure hit an all-time high of 17,266 this year. Department of Education shows that for the 2014-2015 academic year, the school incurred $6.7 million in expenses for its women’s basketball team while earning $4 million in revenue. One such conference is the Big East, where Villanova is a member. The median loss for basketball programs during that time was $811,000.

“You usually see profits in men’s basketball in the power conferences,” said Matheson. Certainly, the Final Four helped get those gifts over the finish line.”

The Wildcats are no stranger to basketball glory, having made it to the Final Four in 2009 where Michigan State eliminated them. The NCAA also picks up the tab for teams participating in tournaments.

Indeed, athletic conferences do disburse those funds to their member schools. Their victory over heavily favored Georgetown in the 1985 championship game is considered to be one of the greatest upsets in the history of college basketball. For the same period, UConn’s men’s basketball team, which has won the national title four times since 1999, cost UConn $8.6 million while it earned $9.6 million in revenue. “We closed two $100,000 plus gifts with Houston-area alumni. Expenses for the school’s lower-profile football team were $14.2 million, which overshadowed its $8.3 million in revenue.

Revenue from the Villanova women’s basketball team was $2.49 million, equaling its expenses.

The Big East’s policy surprised sports economist John Vrooman of Vanderbilt University, who noted: “Even the once meritocratic Big 12 now splits the bonanza evenly.”

How much of these figures at either school can be attributed to athletic success is impossible to say, but it certainly hasn’t hurt, even if the teams themselves mostly lose money.

“We do not split monies evenly,” said John Pacquette, a spokesman for the Big East, who declined to disclose how the money was divided or discuss the reasons for the policy

10 Steps You Can Take To Stop Gambling Today

Have phone numbers listed for people to call who support you in your recovery. Know what to do & who to call if a thought or urges to gamble hits you….(and unfortunately they will).

Jason is a recovered compulsive gambler of over 5 years and a certified professional life coach. If you gamble online, get gamblock today.


What does this mean exactly? It means you must submit,commit, & trust in the program of recovery you choose. You trust that the program will solve your gambling problem, as long as you never give up on it.. Put up pictures of them & when you see it, remember that’s who you’re stopping for.

Recognize that if you gamble, you’re letting them down.

Remind yourself of all the bad things that have been caused by your obsession to gamble. A gambling problem is very strong, plays many tricks on on our minds, & tries to convince us of many lies. There are therapists, counselors, & life coaches out there trained to help you stop. Inpatient Treatment is another.

There is but one good throw upon the dice, which is, to throw them away. If you want to stop starting right now, block all access to money. Call them ANYTIME you need to. Good help seems to come from ex-gamblers themselves because they’ve been there, & they understand. Combat this with the previous 9 steps & a one on one coach, sponsor, or therapist. (because it is the truth).


Make a list of the people you love & love you back. This includes credit cards, debit cards, access to bank accounts, checks, loans, etc. He is an author, life coach, sponsor, & former GA chapter president, husband, & stepfather.


When your next urge comes, what will you do? You’ll need to know the answer to this. Its best to find someone who’s been in your shoes, but hasn’t gambled in quite some time.

Make sure you like them, they have your best interest in mind, & truly do help you. Carry only a very small budget for food each day and thats it.( absolutely no more than $5). Don’t know where to turn to for help? Email jason@livegamblefree.com

These 10 steps are an excellent start to stopping gambling today.

If you have any unanswered questions or need to be pointed in the right direction email jason@livegamblefree.com


If you want to stop gambling right now, the first step begins by stopping to carry money. If needed, list them out.


Only those who never give up on themselves & their program of recovery beat gambling. Know that there are 1000′s of recovering gamblers. Connect your gambling with the the negative consequences its brought into your life.

Author’s Bio: 


To overcome something as powerful as a gambling problem or addiction, we must get help from others.

Help is out there in many forms. The only time casinos won’t let you gamble, is when you don’t have what they want……money.


Stopping Gambling isn’t easy. -Author Unknown.


Recovering in numbers is key. Know that if they can do it, you can too. In the beginning the constant thoughts and urges to gamble can be intense. It may sound funny, but joining a group of fellow recovering gamblers gives you strength & power over your gambling. You help yourself and others triumph over a common enemy. He’s overcome his own addiction to gambling & has helped many others do the same. In the moment, you’ll want a plan of action to take when the urge to gamble attempts to overwhelm you.

When you absolutely must stop gambling right now, here are 10 steps you can take today.


If you go to a local casino, take a caring friend and ban yourself for life.

If you play online, contact the online casino and have your account closed permanently, & demand to be banned from their site. Carrying recovery reading & phone numbers help. There are 1000′s of people who once were severely addicted to gambling, haven’t gambled for months and even years.

To learn the secrets to stopping gambling now, & to get 1 on 1 coaching from Jason visit http://www.livegamblefree.com or email Jason at jason@livegamblefree.com


Get or print off pro gambling recovery literature & carry it with you at all times.

Read it daily, especially in first months. (Email the author at jason@livegamblefree.com for online communities you can join today). You make lifelong friends who will always understand and care.

This step can be done by attending Gamblers Anonymous, Celebrate Recovery, & finding online support and help. Gamblers Anonymous is one

NHL awards expansion franchise to Las Vegas

Oakland Raiders owner Mark Davis is interested in partnering with Vegas interests to build an enormous domed football stadium for his team.

“There is no doubt as to the passion for hockey in Quebec City,” Bettman said. “They have a different fan base than we do. without a team in the major professional sports. “I’m an Army guy, but maybe that’s not the right name for the team at this time. We’ll leave no stone unturned in our dedication, in our pursuit of hockey for Las Vegas, not just for our team, but for the community.”

With nearly 2.2 million people in the last census, Las Vegas is the largest population center in the U.S.

Although ice doesn’t last long in the desert, Las Vegas has had an appetite for hockey since the Kings and New York Rangers played a memorable outdoor exhibition game here in 1991. He has strongly considered the Black Knights, a name that has special meaning to Foley, a West Point graduate.

On a 109-degree day in the Mojave Desert’s gambling mecca, the NHL’s Board of Governors awarded the team to billionaire businessman Bill Foley, who is expected to pay $500 million to the NHL’s other owners as an expansion fee. We’re going to work through the league.”

“I think the NFL would be great here,” Foley said. Las Vegas will have four nearby rivals — at least by West Coast standards: the league’s three California teams and the Arizona Coyotes.

. These components, the ones within the control of the Quebec City applicant, are first-rate.”

Bettman strongly praised the bid backed by telecommunications giant Quebecor to return the league to Quebec City, the former home of the Quebec Nordiques. The IHL’s Las Vegas Thunder sometimes drew more fans than UNLV’s beloved basketball team at the Thomas and Mack Arena in the 1990s, and the Minnesota Wild’s Jason Zucker leads a handful of locals who went on to hockey careers.

The NHL is expanding for the first time since 2000, when Minnesota and Columbus each paid $80 million to join the league.

The endurance of that appetite will depend on Foley’s ability to keep fans excited about the newest show in town, but the NHL seems confident it’s getting in early to a growing market. “There is no doubt as to the suitability of the Videotron Centre as a home for a team, and there is no doubt regarding the ownership credentials or the eagerness to own a team of Quebecor, which has been an outstanding partner. Foley has already accepted more than 14,000 season ticket deposits and sold out all 44 suites in the 17,500-seat rink built by MGM Resorts International and Anschutz Entertainment Group, which owns the Los Angeles Kings.

Bettman said the league made the move largely due to the persistence and strength of the ownership group led by Foley, a financial services tycoon, who has been working on the idea for three years. Vegas was an economic boomtown in the previous decade, and the NHL is betting that its slowed growth hasn’t curbed the city’s appetite for sports and spectacles.

“I love Black Knights,” Foley said. The new team will play in T-Mobile Arena, the $375 million building that opened just off the Las Vegas Strip in April.

“We think this is a tremendously exciting opportunity, not just for Las Vegas, but for the league as well,” Bettman said, calling Las Vegas “a vibrant, growing, global destination city.”

The Associated Press contributed to this report.

Foley’s also bid had the enormous advantage of an NHL-ready arena built with private funding and eager for a flagship tenant. The league’s alignment and playoff format won’t change.

Foley realizes his team might not be alone in Vegas for long. Concerns about the Canadian dollar’s fluctuation, the stress of a two-team expansion draft and the league’s desire to correct its geographical imbalance — the Eastern Conference already has 16 teams, while Las Vegas will be the 15th in the West — prompted the governors to go with Las Vegas alone.

Along with a top-six pick in next year’s draft, the Vegas franchise will be stocked by a June 2017 expansion draft that will be more favorable than previous drafts, theoretically allowing Foley’s team to become competitive more quickly. Foley is joined by minority partners Joe and Gavin Maloof, the former owners of the NBA’s Sacramento Kings.

“We want everyone to be a fan,” said Foley, who fell in love with pond hockey while growing up in Canada. I don’t think it will affect us.”

The National Hockey League’s 31st franchise will play in Las Vegas beginning in 2017, Commissioner Gary Bettman announced Wednesday.

“We won’t sell out every game with season-ticket holders, but I believe it’s going to be 85 percent, 90 percent (filled by season ticket holders),” Foley said.

Sports leagues once rejected the city outright due to concerns about corruption from Vegas’ massive sports betting economy, but the NHL and the NFL no longer share those worries, with Bettman calling his sport “less susceptible” to gambling interests due to the small volume of bets placed on hockey.

Bettman also announced that an expansion bid from Quebec City was “deferred” indefinitely, allowing Las Vegas to enter the league alone in the Pacific Division. “We’re dedicated to it. Foley announced plans to devote considerable resources to building community interest in youth hockey, including a two-rink team training complex that will be “open to all.”

Foley hasn’t decided on a nickname or logo for his team, but an announcement could be made in the next few weeks

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