The purchase marks the latest real estate transaction for the Raiders, whose owner, Mark Davis, has assembled a big portfolio of properties in the valley.
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Las Vegas-based Boyd Gaming will be the official and exclusive local casino partner of the city’s NFL franchise, they announced Friday.
The Raiders’ plan to add additional suites at Allegiant Stadium is part of the team’s commitment to keeping the over two-year-old facility among the best in the world.
Plans call for adding multiple club seating areas to the outside portions of the Modelo and Twitch lounges on the 100 level of the $2 billion facility.
There is $7.5 million worth of work set to be conducted at the stadium, with 15 items noted on a list provided to the Las Vegas Stadium Authority by the Raiders.
Through the first 15 months that fans have been allowed in Allegiant Stadium, over 2 million people have attended events at the $2 billion facility.
Despite the Raiders starting out a disappointing 2-7, fans are still flocking to Allegiant Stadium for home games and prices on the resale ticket market remain largely stable.
Information regarding partnerships and program activities tied to Super Bowl LVII slated for Feb. 11, 2024, were highlighted during the news conference.
One of the Raiders’ founding partners of Allegiant Stadium has apparently balked on their multimillion-dollar deal with the team.
The Raiders bought a small property across from Allegiant Stadium for a big sum, picking up real estate previously eyed for a hotel.