Former UNLV Star's Failed Vegas Arena Project Hit with Racketeering Lawsuit
A group of investors has filed a racketeering lawsuit against Jackie Robinson and his All Net Land Development LLC, alleging the failed $5 billion Las Vegas Strip arena project was an elaborate scam.
The lawsuit, filed by Kent Limson and TACSIS APC in US District Court in Nevada, claims Robinson and his associates collected over $800 million in short-term loans between 2014-2019 that were never repaid.
Portrait of a serious bald man
According to the complaint, Robinson diverted investor funds through a company called Dribble Dunk LLC, which then distributed money to Robinson, his family members, and friends posing as "consultants." The lawsuit seeks $6.4 million in damages under RICO Act penalties.
Construction site in Clark County
The plaintiffs allege Robinson provided fraudulent "performance bonds" through AGS Assurety LLC as investment security, while knowing the project faced massive deficits and lacked proper funding commitments.
Futuristic Las Vegas arena and skyline
The Clark County Commission terminated the project in November 2023 after a decade of delays. A new development group, LVXP, has since announced plans for their own arena project on the same site, though industry experts remain skeptical given the group's lack of experience in arena development.
Vegas skyline against orange sky
Meanwhile, Oak View Group (OVG), an established sports facility developer, is expected to build an NBA arena in the Rio parking lot. OVG has a proven track record of successful arena projects and is led by former AEG president Tim Leiweke and music industry veteran Irving Azoff.
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