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THE LATEST Business NEWS
Raiders stadium project for Las Vegas clears Nevada Senate in 16-5 vote

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.

Steve Wynn, MGM’s Jim Murren believe stadium would spur sports growth

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.

Casino chiefs urge Nevada lawmakers to fund proposed Raiders stadium in Las Vegas

A chorus of casino titans and other supporters urged Nevada lawmakers on Monday to support public funding to build a $1.9 billion domed football stadium and expand the Las Vegas Convention Center as a special session began to vet the details of both projects.

Majestic Realty bows out of Las Vegas stadium development team

Majestic Realty, one of the partners that has been developing plans for a $1.9 billion, 65,000-seat domed football stadium that could house the Oakland Raiders, has removed itself from the development team.

Sandoval reverses course, special session won’t address budget shortfall

Gov. Brian Sandoval abruptly abandoned plans Thursday to seek an even larger tax increase in an upcoming special session of the Legislature to plug a projected budget hole as conservative Republicans dug in their heels for a school choice program.

Nevada governor calls special session for Monday to consider Raiders stadium plan

A special legislative session to consider financing for a 65,000-seat football stadium in Clark County and expansion of the Las Vegas Convention Center will commence 8 a.m. Monday in Carson City, Gov. Brian Sandoval said Wednesday. The session’s agenda won’t include funding for education saving accounts.

If a Las Vegas stadium deal is going to happen, it must happen now

No one could have imagined back in 1928 the pot of gold the NFL would become, nor how exclusive and valued a franchise would be to those cities hosting them. If such a truth is going to find Las Vegas, this is certain: It must happen now.

 
Critics outline Raiders stadium objections, but Nevada casino group weighs in with support

Critics of a proposed $1.9 billion, 65,000-seat domed football stadium say they want a better deal for Southern Nevadans if tax dollars are used to help fund construction, but an influential casino lobbying group joined the debate Wednesday by saying stadium developers and government officials have covered all areas of concern.

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