The Southern Nevada Tourism Infrastructure Committee meeting Thursday is expected to garner a lot of attention.
The Sheldon Adelson-led group is set to once again discuss the stadium proposal from Las Vegas Sands Corp. The group wants to build a $1.3 billion, 65,000-seat stadium on land next to the Thomas & Mack. The proposal calls for Sands to pass two-thirds of the cost on to taxpayers.
They estimate the 46 annual events would have an extra 845,000 people rushing into town.
Proponents say the stadium would put an extra $11 million in sales tax revenue on the board in Clark County alone.
Among those expected to testify in front of the Tourism Infrastructure Committee is Oakland Raiders’ owner Mark Davis. Davis is expected to pledge a move to Las Vegas if the stadium is built.
The only problem is, Davis can't make that decision himself.
A move from Oakland would require the approval of 24 of the NFL's 32 owners.
While the meeting is drawing lots of hype, the committee can't actually approve the construction.
It simply makes recommendations to the governor and legislature.
Both would likely have to sign off on the stadium because of the tax packages necessary. The legislature isn't scheduled to meet again until February and any attempt to hold a special session would mean halting fundraising efforts leading up to the November election.
