Las Vegas Stadium: Casinos Will Wind Up Owning NFL’s Oakland Raiders
Las Vegas Stadium is at $3 billion in total project costs, and the Raiders are a negative $1.17 billion away from breaking even. The giant sponsorship deals they need are not common to the casino industry; they want something in return for spending $400 million or more for naming rights.
Because of that problem, primarily, the prediction here is that the Raiders will wind up selling a portion of the organization to one or several Las Vegas or Nevada casino owners.
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