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February 1, 2016

Las Vegas Sands wants to help build $1B shared stadium for UNLV and a pro team

By MICHELLE RINDELS
Associated Press

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.


 
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