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OVG reports stronger bookings and hospitality gains at American Bank Center but audit, naming‑rights questions remain
Summary
Oak View Group (OVG) presented a program update on the American Bank Center, highlighting sold‑out arena shows, increases in food and beverage revenue and new partnerships; councilmembers pressed for clearer audited financials and more detail on naming‑rights negotiations and local catering arrangements.
Oak View Group (OVG), the management company for the American Bank Center complex, briefed the Corpus Christi City Council on March 18 about venue programming, hospitality improvements and capital spending since OVG took over management.
Lede/nut graf: OVG described a string of sold‑out arena and theater events, increased food‑and‑beverage revenue and investments in in‑house hospitality and equipment. Council members welcomed programming gains but pressed OVG and staff for clearer audited financial statements, asked for more transparency on naming‑rights negotiations, and requested guidance on how local restaurants and caterers can participate in large events.
What OVG told council - Programming: OVG reported high‑profile arena events (WWE Monday Night Raw and SmackDown, sold‑out country shows, Broadway theater series) and major convention center business (SkillsUSA and other repeat conventions). The firm said it had…
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