LAS VEGAS – The billionaire owner of the Las Vegas Sands casino company wants to help build a domed stadium on the UNLV campus and is meeting with the owner of the Oakland Raiders, company officials said Thursday.
Sands spokesman Ron Reese said the casino company envisions a public-private partnership to build a $1 billion, 65,000-seat stadium that could be shared by a professional team and UNLV. The Sands would likely partner with other investors and might seek to draw on public revenue sources, such as hotel room tax revenue earmarked for promoting tourism.
The Raiders have no lease for a stadium for next season after NFL owners earlier this month shot down their plans to move to the Los Angeles area. The team is negotiating a short-term extension with officials in Oakland and Alameda County but is also looking for a permanent new home to replace the outdated Coliseum.
Sands owner Sheldon Adelson has scheduled a Friday meeting with Raiders owner Mark Davis.