A lawsuit filed Tuesday alleges that the failed All Net Arena project on the north Las Vegas Strip was a decade-long racketeering scheme orchestrated by its founder, former UNLV basketball star Jackie Robinson.

Kent Limson and TACSIS APC filed the RICO lawsuit against Robinson and All Net Land Development LLC, seeking $6.4 million in damages - triple the actual damages as prescribed by law. The suit claims Robinson collected over $800 million in unreturned short-term loans between 2014-2019 for a $5 billion NBA arena that would never be built.

According to the complaint, Robinson guaranteed repayment through "performance bonds" from AGS Assurety LLC, but no bonds were purchased. Instead, funds were transferred to Robinson's company Dribble Dunk LLC, which distributed money to Robinson's family and friends posing as "consultants."

The lawsuit claims Robinson knew the project "was facing a huge multimillion-dollar deficit and was ready to collapse" due to lack of proper funding. In November 2023, the Clark County Commission unanimously denied extending the project's permits after a decade of delays.

Five months later, a new group called LVXP announced plans for their own arena on the same site, though industry experts remain skeptical given the group's lack of arena development experience and the fact that Oak View Group (OVG) is already planning an NBA arena at the Rio.

OVG, led by former AEG president Tim Leiweke and Eagles manager Irving Azoff, has an established track record of building major venues including Seattle's Climate Pledge Arena and UBS Arena on Long Island.

Related Articles

Previous Articles