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Nevada Governor backs Las Vegas stadium plans

The Governor of the US state of Nevada has given his backing to a plan to build a US$1.9 billion Stadium that could bring the NFL’s Oakland Raiders to Las Vegas.

Governor Brian Sandoval said he will call Nevada officials into a special session in early October to consider a public financing plan.

Sandoval said the stadium, which would be built alongside a convention centre was an opportunity to invest in Nevada’s tourism infrastructure.

He said in a statement:

We can and must usher in a new era for tourism in the Las Vegas market, while keeping our citizens and visitors safe, and ensuring our position as the global leader in entertainment and hospitality.

Sandoval said he had twice called special sessions to diversify Nevada’s economy and create new jobs in emerging industries.

Just as I have met with top leaders prior to those announcements, this week I met with the owner of the Raiders, Mark Davis. He was committed and resolute in the team’s interest in relocating to our state.

Sandoval said the stadium will be home not only to the Raiders, but to UNLV Rebels football as well.

The Southern Nevada Tourism Infrastructure Committee has recommended raising hotel taxes in the Las Vegas area to help put US$750m towards the 65,000-seat stadium.

Las Vegas Sands casino owner Sheldon Adelson also plans to put US$650m towards the project.

Assembly Speaker John Hambrick, R-Las Vegas, added:

I am on the record supporting the NFL move. I did a video and wrote a letter to (Raiders owner) Mark Davis urging him to come to Las Vegas. It would be great for our economy.