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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The $1.8 billion Las Vegas stadium project continues to grow with workers taking the project vertically on the site at Russell Road and Interstate 15.
To help fans track construction of the Las Vegas stadium, the Review-Journal has launched a 24-hour live feed of the site, looking south from the Panorama Towers condominium complex.
The committee making recommendations to Gov. Brian Sandoval and the Nevada Legislature on attracting events to the new Las Vegas stadium is leaning toward expanding the role of the Las Vegas Convention and Visitors Authority and Las Vegas Events, rather than forming of a new sports commission.
The NFL’s premiere game generally occurs in the first week of February, right around one of the sweet spots for some major conventions and trade shows.
Stadium builders reached a critical stage in the construction of Las Vegas’ 65,000-seat, $1.8 billion indoor football stadium this week as they took the first step toward going vertical.
Construction at Las Vegas Raiders stadium as seen on Sept. 27, 2018, in Las Vegas.
The planned facility near Executive Airport Drive and St. Rose Parkway would house 1½ indoor football fields, a 200-seat theater, a training center and office space. At 323,000 square-feet, the planned headquarters is about twice the size of the MGM Grand’s casino.
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.
If Southern Nevada were to form an organization to attract marquee sporting events to Las Vegas, it would need to consider whether attracting an event might displace a long-term major existing convention or trade show.