The University of Nevada, Las Vegas Foundation, UNLV’s nonprofit fund-raising arm, has entered a deal with Wells Fargo to buy a 42-acre site at Koval Lane and Tropicana Avenue for $50 million for a potential football stadium, or other uses.
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Developers of the $375 million arena behind New York-New York on the Strip have signed two major global brands — Toshiba and Coca-Cola — as founding sponsorship partners for the venue that is scheduled to open in April 2016.