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Operator Good morning. My name is Theresa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Madison Square Garden Entertainment Corp. fiscal 2021 second-quarter earnings conference call. [Operator instructions] I would now like to turn the call over to Ari Danes, investor relations. Please go ahead, sir. Ari Danes Investor Relations Thank you. Good morning, and welcome to MSG Entertainment s fiscal 2021 second-quarter earnings conference call. Our president, Andy Lustgarten, will begin today s call with an update on the company s operations. This will be followed by a review of our financial results with Mark Fitzpatrick, our EVP and chief financial officer. ....
Share it UPDATE: Feb. 19, 2021: Madison Square Garden Entertainment said work is progressing on the MSG Sphere in Las Vegas with a world-class team of construction management professionals and 30 AECOM employees who continue to support key areas of the project. Although the music and entertainment arena s completion date, which was pushed back due to COVID-19 challenges, is still set for 2023, the final cost of the project could rise from the current $1.7 billion, MSG CFO Mark FitzPatrick said during a recent investor call. The company has spent approximately $645 million on the project to date, and remains bullish on its future success. “We’re confident Las Vegas will return, and we’re building a venue that will capitalize on people’s intense desire to gather and take part in new experiences,” FitzPatrick said. “Our extended timetable has enabled us to preserve cash in the near term. It’s also given Las Vegas time to recover, and we think tha ....