Because of the high-profile nature of the National Football League and the Oakland Raiders, it’s easy to lose sight of the fact that Southern Nevada is gaining a new tourism asset in 2020: the 65,000-seat stadium itself.
Tourism
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The Las Vegas Stadium Authority late Wednesday posted three documents on its website outlining the guaranteed maximum price negotiated by the Oakland Raiders with general contractor Mortenson Construction Co.
A kinder and gentler Black Hole? Say it ain’t so!
The money has begun rolling in for the Raiders’ planned stadium in Las Vegas with room-tax revenue specifically allocated to pay off stadium construction bonds running about 25 percent ahead of projections.
When the 11-member Southern Nevada Tourism Infrastructure Committee begins work Thursday on how to pay for a $1.4 billion, 65,000-seat domed stadium, it will try to piece together a funding strategy that will keep everyone happy with their return on investment.
Elected state officials say it is too early to think about a special session of the Nevada Legislature to consider public funding for a proposed $1.4 billion domed football stadium in Las Vegas.
