The Southern Nevada Tourism Infrastructure Committee unanimously agreed to recommend financing for a proposed $1.9 billion domed stadium, and perhaps the most surprising moment of the proceedings was which member motioned to approve a public investment of $750 million.
It’s just the beginning, Mark Davis cautioned, but the Oakland Raiders owner on Thursday expressed more optimism about someday seeing the finish line.
The developers of a proposed $1.9 billion domed stadium on Thursday got their preferred funding option that requires a $750 million public investment.
Clark County commissioners will receive a report on the work of the Southern Nevada Tourism Infrastructure Committee and a proposed 65,000-seat domed football stadium at their Tuesday meeting.
Las Vegas Sands Chairman and CEO Sheldon Adelson on Monday challenged MGM Resorts International Chairman and CEO Jim Murren’s support of a proposed $1.4 billion upgrade of the Las Vegas Convention Center, calling a new stadium backed by Sands a higher priority for Southern Nevada’s tourism economy.
Gov. Brian Sandoval on Monday asked who would pay for the necessary upgrades to freeways and streets leading to a 65,000-seat domed football stadium proposed by Las Vegas Sands Corp., Majestic Realty and the Oakland Raiders.
Matt Youmans and Richard Velotta cover developments from the Southern Nevada Tourism Infrastructure Committee meeting Monday at UNLV.
At a special tourism infrastructure meeting intended to narrow the field of prospective stadium sites, the list of potential locations instead grew on Monday.
In one of the beginning steps in what could be a long process, Oakland Raiders owner Mark Davis vowed on Thursday to attempt to relocate his NFL franchise to Las Vegas if a stadium is constructed primarily for the team.
Oakland Raiders owner Mark Davis on Thursday told the Southern Nevada Tourism Infrastructure Committee that he wants to move his NFL franchise to Las Vegas, and he pledged $500 million toward the construction of a $1.4 billion domed stadium if a public-private financing plan is approved by the Legislature.
