Las Vegas will eventually be the new home of the Oakland Raiders, with a new stadium in the works for Sin City. A taxpayer subsidy is being used to help construct the new stadium, which will be home to the first football team for the state of Nevada. Along with the NFL games, the stadium will be open to other events.
Governor Brian Sandoval recently signed an order which will see the creation of the Southern Nevada Sporting Event Committee, a group that will research how the region can attract more events to be held within the new venue once opened.
Possibilities for events within the stadium could include the Super Bowl as well as the NFL Draft. The board of the new committee will consist of politicians as well as individuals from the casino industry and sports franchises.
Legislation was passed in 2016 that would authorize the state to contribute to the stadium cost, with $750 million provided. The total cost for the stadium will be upwards of $1.9 billion. The state has decided to raise hotel room taxes to help pay for their part in the stadium.
Now, it will be up the committee to try and find ways to bring events into the region to help further pay for the stadium as well as bring in more tourism and, in turn, more sports betting. Ideas being thrown around include political conventions, international soccer games, stadium concerts and college football games. Any of these options would work to help bring events to the region by using the new stadium venue.
The stadium will not be ready for another two years, but the new committee will begin meeting this July to provide potential targets to the governor by the year’s end. The group is set to consider all facilities in Las Vegas for potential events, but the main goal is to consider how the stadium can be used in other ways down the road, something most stadiums anywhere due to help offset costs in the offseason.
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