Caesars Entertainment Corp., the operator of Caesars Palace and eight other Las Vegas casino properties, has signed a 15-year agreement to be a founding partner of the $1.8 billion Las Vegas stadium.
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Bill Hornbuckle, an MGM executive and one of the nine members of the Las Vegas Stadium Authority board, on Thursday said his company fears that its customers would be “choked out” by people wanting to park close to the stadium on event days.
Financing bids to host big-ticket sporting events staged in Southern Nevada could be the biggest challenge ahead for a committee developing a report for state policymakers.
Southern Nevada real estate professionals already have seen indications of an anticipated climb in local land values as a result of Las Vegas’ leap into big-league status.
The rapid emergence of pro sports in Southern Nevada ramps up our civic pride, but also unleashes a new set of issues and the LVCVA will soon find itself right in the middle of them.
Contractors hired by the Oakland Raiders are drilling on the site of the planned 65,000-seat domed football stadium, hoping to find answers underground.
Team would have the ability to block fans from wagering using phone apps, but language in deal approved by Las Vegas Stadium Authority only prevents team from offering gaming.
Once it became clear last week that the NFL had cleared a path for the Raiders to relocate from Oakland to Las Vegas for the 2020 season, some hand-wringing re-emerged on the topic of betting on the team.
Southern Nevada business and political leaders on Monday cheered the NFL owners’ decision to relocate the Oakland Raiders to Las Vegas, bolstering the city’s status as the nation’s leading entertainment destination.
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.