Champ Kind Posted February 1, 2017 Share Posted February 1, 2017 Prominent investment bank Goldman Sachs followed casino magnate Sheldon Adelson in backing out of the deal to build a Las Vegas stadium to lure the NFL's Oakland Raiders. The setbacks, detailed by newspaper reports in California and Las Vegas, raise doubts if the NFL club will ever call the US gambling hotbed home despite filing a request to that end with NFL owners. The proposed $1.9 billion, 65,000-seat venue was to have had $650 million in financing from 83-year-old billionaire Adelson, $750 million in revenue from a Clark County room tax and $1.15 billion from private partners, with the Raiders and NFL contributing $500 million. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.