Allegiant Stadium continues to prove itself as one of Las Vegas’ biggest draws with nearly 1.7 million fans attending events at the $2 billion facility in 2022.
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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.
Bringing the Super Bowl to Las Vegas won’t come cheap, but tourism officials believe the cost will be worth it.
With tourism volume nearing pre-pandemic levels, Clark County doesn’t expect to again dip into a debt reserve account to make the next scheduled bond payment for Allegiant Stadium.
As the Las Vegas Valley is becoming as known for its pro sports offerings as much as its dining, gaming and entertainment, the area has become the hot bed for rumors tied to sports leagues interested in joining the fun.
Tourism leaders are dubbing Las Vegas the “Greatest Arena on Earth” through a new ad campaign aimed at drawing sports fans to Las Vegas.
With tourism still on the rebound Clark County is having to again dip into the debt reserve account to make Tuesday’s scheduled Allegiant Stadium bond payment.
Because of a shortfall in tax revenue, Clark County had to withdraw $11.55 million from a debt reserve account to help make December’s scheduled bond payment for Allegiant Stadium.
The UNLV International Gaming Institute turned out to be instrumental in the unlikely bid to move the Raiders from Oakland to Las Vegas.
It was eerily quiet at the Las Vegas stadium construction site Monday. Construction workers were able to take the Veterans Day holiday off on a day of the week usually filled with pounding, pouring and moving tons of steel into position for the next job sequence.