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.
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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.
A portion of more than 100 acres on West Tropicana Avenue west of Interstate 15 is under consideration as a site for the proposed $1.45 billion, 65,000-seat domed football stadium.
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.
A domed stadium proposed for the University of Nevada, Las Vegas football team has a price tag of $1.2 billion, and developers would seek $780 million in public financing, according to a document provided by Las Vegas Sands Corp., which is leading a consortium behind the project.
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.