Hotel room tax revenue that pays off the bonds used to build Allegiant Stadium reached a post-pandemic monthly high as visitation continues to bounce back.
Allegiant Stadium
Bringing the Super Bowl to Las Vegas won’t come cheap, but tourism officials believe the cost will be worth it.
The Southern Nevada Water Authority will seek approval for a marketing and advertising partnership with the Raiders during its Thursday board meeting. The 10-year deal would cost $30 million in tax dollars.
A majority of Clark County commissioners voted Tuesday to codify two hotel room tax increases to fund the upgrade of the Las Vegas Convention Center and the construction of a 65,000-seat stadium.
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.
The chairman of the Nevada Gaming Commission says Raiders games aren’t likely to come off the state’s betting boards if the NFL franchise moves from Oakland to Las Vegas — even if the league asks for a wagering prohibition on the team.
Proponents of luring the Oakland Raiders to Las Vegas to a planned $1.9 billion, 65,000-seat domed football stadium take on a new challenge with a familiar strategy beginning this week.
It’s just the beginning, Mark Davis cautioned, but the Oakland Raiders owner on Thursday expressed more optimism about someday seeing the finish line.
Nevada lawmakers seem to favor the first week of October, or just over two weeks from now, for a special session to approve a stadium funding plan.
The developers of a proposed $1.9 billion domed stadium on Thursday got their preferred funding option that requires a $750 million public investment.
Thursday’s call for a special session of the Nevada Legislature includes more than a $1.9 billion domed stadium and a room tax increase to help pay the bill, but also includes a sales tax increase to hire more police officers.