From labor disputes cases to labor and employment publications, for your research, you’ll find solutions on Bloomberg Law®. Protect your clients by developing strategies based on Litigation...
By Sean Forbes
Oct. 6 — Nevada just moved another yard closer to approving a new domed 65,000-seat National Football League stadium to bring the Oakland Raiders to Las Vegas.
The projects would be a huge boon for construction labor employment in the area. Sean Stewart, chief executive officer of the Nevada Contractors Association, in Las Vegas, told Bloomberg BNA during the long lead-up to the announcement of the special session that for each $1 billion invested in construction projects, about 7,000 to 8,000 construction-related jobs are created.
State legislators will meet in a special session on Oct. 10 to consider raising room taxes in Las Vegas to fund the stadium’s construction, the Las Vegas Convention Center expansion and more police officers in the city area.
Gov. Brian Sandoval (R) announced on Oct. 6 that the legislature would be meeting next week. Lawmakers will be focusing squarely on the construction proposals, Sandoval said.
The Southern Nevada Tourism Infrastructure Committee sent its recommendations for tourism infrastructure development in the Las Vegas area to the governor in September. By unanimous approval, the SNTIC recommended hiking room tax rates to fund the stadium’s construction and convention center expansion. The cost of the stadium is estimated to be about $1.9 billion, the SNTIC said.
Signs that the legislature will approve the measure are already positive. Sandoval supports the measure, and the SNTIC—which the governor convened in 2015 to study whether to bring the Raiders to Las Vegas—includes Carolyn Goodman, mayor of Las Vegas, and executives from Wynn Resorts, Boyd Gaming, Station Casinos, Caesars Entertainment, MGM Resorts International and Las Vegas Sands Corp.
If approved, the stadium would be the second professional sports franchise to move to Las Vegas. The National Hockey League will be expanding to the recently completed T-Mobile arena, adjacent to the MGM Grand. The team’s name, logo, color scheme and uniforms haven’t been revealed yet, but are expected to show up soon, according to NHL.com.
The NFL owners will meet in January, and will be deciding then whether to give the Raiders move a thumbs-up.
To contact the reporter on this story: Sean Forbes in Washington at firstname.lastname@example.org
To contact the editor responsible for this story: Jo-el J. Meyer at email@example.com
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)