Raiders Stadium in Las Vegas - Almost a Done Deal

Posted by Las Vegas Homes By Leslie - on Monday, October 17th, 2016 at 10:27am.

Las Vegas Raiders StadiumFor those of you following the progress of the proposed Raiders Stadium in Las Vegas, it looks like it's almost a done deal. After a week of deliberation, Nevada Senate passed a deal that could clear the way.

The big hurdle was, of course, money. Everyone wanted the stadium, it would be great for Las Vegas, create hundreds of jobs and boost our tourism and convention industry, but with a $1.9 billion price tag, no one was jumping up to cover the cost. More specifically, a remaining $750 million that was proposed to be subsidized by public funding.

After the senate session last week, these were the terms that were agreed upon:

Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson will contribute $650 million

Raiders will kick in $500 million

Hotel room tax increase will cover the remaining $750 million

So, for all future visitors to Las Vegas, if you notice your hotel tax is slightly higher then previously, it's ok, you're helping to fund the new stadium.

Looking for a New Way to Watch Sports - FireFan Code?

No matter what comes of the possibility of an NFL team in Las Vegas, sports fans can still immerse themselves in sports of all kinds thanks to a stellar new, app that allows people to play in real time, while watching their favorite sports and teams.

United Games is creating the app called FireFan where fans are no longer a spectator but an actual active participant. In addition to competing against family & friends, you will be able to play against current & former athletes and Celebrities. To get into the game you will need an active FireFan Code


By Leslie Hoke

Las Vegas Homes By Leslie
8010 W Sahara Ave #150, Las Vegas, NV 89117
Direct: (702) 321-1763 Fax: (702) 224-2146
Premier Realty Group

License #S.0062628

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