The family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson has withdrawn as investors in a proposed $1.9 billion, 65,000-seat domed football stadium intended to bring the NFL’s Oakland Raiders to Southern Nevada.
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With the Oakland Raiders announcing Thursday that they have formally applied for relocation to Las Vegas, things will move fast as the nine-member board puts agreements in place to build a $1.9 billion, 65,000-seat domed stadium for the team.
Oakland Raiders executives have told the NFL that Goldman Sachs is committed to financing the team’s proposed domed stadium in Las Vegas with or without an investment from casino executive Sheldon Adelson, the Las Vegas Stadium Authority board learned Thursday.