It only took an hour and a half Wednesday for Clark County to sell the bonds necessary to help finance the planned $1.8 billion Las Vegas stadium to 43 institutional investors.
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Board members cruised through a lengthy agenda, but had little to show for it in the end, except that everything still appears to be on track for completion of a final stadium development agreement in February.
In the first comments from either party about stadium development negotiations between the Raiders and the Adelson family, Las Vegas Sands Vice President Andy Abboud says the Raiders kept changing their minds on details that were all but settled.
The process of the Oakland Raiders relocating to Las Vegas took another step forward Tuesday when the Nevada Senate voted 16-5 in favor of Senate Bill 1.
The Nevada Senate on Tuesday amended and passed a bill raising room taxes in Clark County to help fund a football stadium and convention center expansion in Las Vegas. The bill now moves to the Assembly.
Gov. Brian Sandoval said Tuesday he is glad lawmakers are asking tough questions about the proposed stadium project and acknowledged that some critics will never be satisfied that it will be good for Nevada’s economic development efforts.
One major professional sports league has broken the ice. Jim Murren, chairman and CEO of MGM Resorts International, said Monday he envisions the NFL and NBA following the NHL to the Las Vegas Strip in the near future.
At a special tourism infrastructure meeting intended to narrow the field of prospective stadium sites, the list of potential locations instead grew on Monday.