{"id":33834,"date":"2016-02-09T18:21:31","date_gmt":"2016-02-10T02:21:31","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=33834"},"modified":"2016-02-09T18:21:31","modified_gmt":"2016-02-10T02:21:31","slug":"las-vegas-sands-nfl-stadium-bid-gathers-steam","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/","title":{"rendered":"Las Vegas Sands NFL Stadium Bid Gathers Steam"},"content":{"rendered":"
\"LVS
Sheldon Adelson (right) with Oakland Raiders owner Mark Davis. LVS wants to bring NFL to Las Vegas via a $1.2 billion stadium. (Image: twitter.com\/LasVegasSands)<\/figcaption><\/figure>\n

The Las Vegas Sands\u2019 bid to woo a major sports team to Las Vegas with a proposed $1.2 billion stadium may only be a couple of weeks old, but it\u2019s already gathering momentum.<\/p>\n

According to the Las Vegas Review-Journal<\/a> (LVRJ), Ed Roski, who owns the Majestic Reality Company which has partnered with LVS on the project, met with Nevada\u2019s top economic development official to discuss the stadium this week. Steve Hill is chairman of the Southern Nevada Tourism Infrastructure Committee, a body, by all accounts, with the power to approve $1.2 billion stadiums. <\/span><\/p>\n

Hill\u2019s committee will formally hear the proposal next month, on March 24th, and will issue a recommendation by July 31st.<\/span><\/p>\n

LVS wants to build the 65,000-seat stadium on a UNLV-owned 42-acre plot north of McCarran International airport. The university recently purchased the land for $50 million, and the stadium would become the home of the UNLV college football team. <\/span><\/p>\n

No NFL Prohibition on Las Vegas<\/b><\/h2>\n

LVS is hoping that it will also become the home of the Oakland Raiders, a team in search of a stadium. The Raiders’ lease expires on the Oco Coliseum in Oakland next month. LVS Chairman Sheldon Adelson<\/a> met Raiders owner Mark Davis recently to discuss the possibility. <\/span><\/p>\n

Shortly after that meeting, a memo was circulated by the NFL to its franchisees instructing them on how they should react to press inquiries about Adelson\u2019s approach. <\/span><\/p>\n

According to the memo, the official line is that \u201cthere is no prohibition under league rules on a team moving to any particular city,\u201d suggesting that the existence of legal sports betting in Nevada would not affect Las Vegas\u2019 chances in the light of the league\u2019s strict anti-gambling stance.<\/strong> <\/span><\/p><\/blockquote>\n

While many Sin City residents would welcome the idea of a major sports team making the city its home for the first time, many are less excited about the use of public money to fund such a project.<\/span><\/p>\n

Public Money Would Provide Bulk of Funding<\/b><\/h2>\n

And while Adelson insisted that he would put up the \u201clion\u2019s share\u201d of the costs, on closer inspection, this doesn\u2019t seem to be the case. <\/span>A preliminary financing plan calls for $780 million in public money, while LVS will pony up $420 million, although this plan isn’t final, says LVS.<\/span><\/p>\n

Things seem to be moving quickly. LVS<\/span> Senior Vice President of Government Relations Andy Abboud told the Review-Journal last week that the company would be “moving forward with the stadium concept with or without an NFL team,” but he may be getting ahead of himself. <\/span>\u00a0<\/span><\/p>\n

Regardless any public backlash over the funding derivation, UNLV Regent Michael Wixom told the LVRJ that the stadium still needs to be approved by the university board. \u00a0<\/span><\/p>\n

\u201cWhile a stadium was discussed by some at the time as a possible use for the property, the board has not approved any stadium plans. Neither does it have any agreement with any party for the construction or development of a stadium,” he said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Las Vegas Sands\u2019 bid to woo a major sports team to Las Vegas with a proposed $1.2 billion stadium may only be a couple of weeks old, but it\u2019s already gathering momentum. According to the Las Vegas Review-Journal (LVRJ), Ed Roski, who owns the Majestic Reality Company which has partnered with LVS on the […]<\/p>\n","protected":false},"author":42,"featured_media":33835,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1,16],"tags":[],"acf":[],"yoast_head":"\nLas Vegas Sands NFL Stadium Bid Gathers Steam<\/title>\n<meta name=\"description\" content=\"LVS\u2019 $1.2 billion stadium proposal gains momentum as lobbying gets underway\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Las Vegas Sands NFL Stadium Bid Gathers Steam\" \/>\n<meta property=\"og:description\" content=\"LVS\u2019 $1.2 billion stadium proposal gains momentum as lobbying gets underway\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-10T02:21:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/\",\"url\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/\",\"name\":\"Las Vegas Sands NFL Stadium Bid Gathers Steam\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg\",\"datePublished\":\"2016-02-10T02:21:31+00:00\",\"dateModified\":\"2016-02-10T02:21:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"LVS\u2019 $1.2 billion stadium proposal gains momentum as lobbying gets underway\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg\",\"width\":640,\"height\":360,\"caption\":\"Sheldon Adelson (right) with Oakland Raiders owner Mark Davis. LVS wants to bring NFL to Las Vegas via a $1.2 billion stadium. (Image: twitter.com\/LasVegasSands)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Sports\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/sports\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Las Vegas Sands NFL Stadium Bid Gathers Steam\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\",\"name\":\"Casino.org Staff Writer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"caption\":\"Casino.org Staff Writer\"},\"url\":\"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Las Vegas Sands NFL Stadium Bid Gathers Steam","description":"LVS\u2019 $1.2 billion stadium proposal gains momentum as lobbying gets underway","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Las Vegas Sands NFL Stadium Bid Gathers Steam","og_description":"LVS\u2019 $1.2 billion stadium proposal gains momentum as lobbying gets underway","og_url":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2016-02-10T02:21:31+00:00","og_image":[{"width":640,"height":360,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg","type":"image\/jpeg"}],"author":"Casino.org Staff Writer","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Casino.org Staff Writer","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/","url":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/","name":"Las Vegas Sands NFL Stadium Bid Gathers Steam","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg","datePublished":"2016-02-10T02:21:31+00:00","dateModified":"2016-02-10T02:21:31+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77"},"description":"LVS\u2019 $1.2 billion stadium proposal gains momentum as lobbying gets underway","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/02\/oakland-raiders-training-facility.jpg","width":640,"height":360,"caption":"Sheldon Adelson (right) with Oakland Raiders owner Mark Davis. LVS wants to bring NFL to Las Vegas via a $1.2 billion stadium. (Image: twitter.com\/LasVegasSands)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/las-vegas-sands-nfl-stadium-bid-gathers-steam\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"Sports","item":"https:\/\/www.casino.org\/news\/sportsbetting\/sports\/"},{"@type":"ListItem","position":4,"name":"Las Vegas Sands NFL Stadium Bid Gathers Steam"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77","name":"Casino.org Staff Writer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","caption":"Casino.org Staff Writer"},"url":"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/33834"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=33834"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/33834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/33835"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=33834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=33834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=33834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}