Stakeholders like MGM Resorts openly worried about stadium’s cost, scope

Friday, Feb. 15, 2013 | 2 a.m.

Representatives of Southern Nevada’s resort industry are concerned about the cost and scope of UNLV’s proposed on-campus 60,000-seat football stadium, and one major company has withdrawn some support it had quietly committed months ago. MGM Resorts International issued a statement saying that although the company supports a stadium concept and would continue to work with UNLV, it is concerned with how the stadium — with a price tag of $800 million to $900 million — is configured and financed. The head of the Nevada Resort Association echoed those concerns. “MGM Resorts was the first company in the industry to offer ...

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Discussion: 1 comments so far…

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By TomD1228

Feb. 15, 2013

8:27 a.m.

Flag

Snyder should NOT be involved in any due diligence cost/revenue study. Period.
By ricovegas (Reynaldo Colon)

Feb. 16, 2013

5:22 a.m.

Flag

Alright, keep at it there will always be disagreements. Where are our local philanthropists; Steve Wynn, Kirk Kerkorian, Sheldon Adelson, Tony Hsieh, etc. Its just not about the stadium but the University. We are not going to stop once this is built the next project will come up and I hope it will be an on campus hospital like (Cedars-Sinai medical center). And I will donate as well. All Las Vegans relocated or born and raised we have wonderful community lets work together.