Southern Nevada real estate professionals already have seen indications of an anticipated climb in local land values as a result of Las Vegas’ leap into big-league status.
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Concerns about Sin City’s temptations have kept the NFL out of Las Vegas for years, but the relocation of the Oakland Raiders represents a shift in approach that some gaming industry experts say could beckon a new era in sports gambling.
The family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson has withdrawn as investors in a proposed $1.9 billion, 65,000-seat domed football stadium intended to bring the NFL’s Oakland Raiders to Southern Nevada.
Clark County commissioners selected a union leader, an African-American business leader and a woman casino executive to serve on the board that will select the site and oversee planning for a $1.9 billion stadium proposed as the new home of the NFL’s Oakland Raiders.