Casino giant Las Vegas Sands Corp. will lead a consortium of investors planning to build a $1 billion domed stadium on 42 acres near the University of Nevada, Las Vegas that would house the school’s football team — and possibly a National Football League franchise.
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The University of Nevada, Las Vegas Foundation, UNLV’s nonprofit fund-raising arm, has entered a deal with Wells Fargo to buy a 42-acre site at Koval Lane and Tropicana Avenue for $50 million for a potential football stadium, or other uses.
The group pushing for a National Hockey League team in Las Vegas used a TV ad during Sunday’s Super Bowl telecast to create more buzz around a season ticket deposit campaign set to launch Feb. 10.