From money pit to moneymaker? City claims arena is finally in the black

CORPUS CHRISTI, Texas — After years of hearing that the American Bank Center was bleeding money, a city council member just dropped a financial bombshell: the venue is now operating in the black.

That caught a lot of folks — including us — off guard.

At this week’s Corpus Christi City Council meeting, Councilman Roland Barrera said the downtown arena and convention center is no longer losing money…

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