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What a $1.9 billion futuristic sports stadium may do for Southern Nevada

April 24, 2017 | Las Vegas Business Press | Buck Wargo

Few thought Las Vegas would ever attract an NFL franchise. The NFL’s public aversion to gambling — despite the game being the most popular sport in the country in part because of it — was a big hurdle to overcome. But with Oakland unable or unwilling to fork over the public financing that has allowed many other cities across the country to keep their teams, Las Vegas and Nevada exploited that gap by a willingness to fund part a $1.9 billion stadium project. The NFL owners’ approval in March for the Raiders to relocate to Las Vegas paves the way for agreements to be reached between the team and the Las Vegas Stadium Authority on the domed facility.

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