{"id":35542,"date":"2016-04-29T12:50:24","date_gmt":"2016-04-29T19:50:24","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=35542"},"modified":"2016-06-22T04:44:20","modified_gmt":"2016-06-22T11:44:20","slug":"raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/","title":{"rendered":"Raiders\u2019 Mark Davis Pledges \u201cLifetime Commitment\u201d and $500 Million to Las Vegas"},"content":{"rendered":"
\"Mark
Mark Davis holds up a mocked up banner of the \u201cLas Vegas Raiders\u201d as he pledged his commitment to making the city the team\u2019s new home. (Image: businessinsider.com)<\/figcaption><\/figure>\n

\u201cLas Vegas Raiders\u201d has a certain ring to it, does it? Raider\u2019s boss Mark Davis was in town this week to offer the most concrete assurance yet that Vegas could be about to get its first major league sports team.<\/p>\n

“We need a home. We need a stadium,” Davis told a meeting of the Southern Nevada Tourism Infrastructure Committee (SNTIC) at UNLV Thursday. “That’s what Las Vegas is going to provide us and it’s going to be a great marriage.<\/p>\n

\u201cIf Las Vegas can come through with what we\u2019ve been talking about, and we can do a deal here, then we\u2019re going to become the Las Vegas Raiders,\u201d he added.<\/p>\n

In short: build it, and we will come. And to show he was serious, Davis pledged $500 million towards the construction of a new stadium.<\/p>\n

“We’re not using Las Vegas as a bargaining chip,” he said. “This is real.”<\/p>\n

Momentum Builds<\/b><\/h2>\n

For an idea that began just a few months ago, it\u2019s is gaining some serious steam. The proposal began at Las Vegas Sands<\/a>, which wants build a $1.4 billion, 65,000-seat domed stadium on a 42-acre plot north of McCarran International airport, owned by the UNLV.<\/p>\n

The casino giant, which has partnered with the Majestic Reality Company on the project, has indicated it will go ahead with or without the Raiders, provided it gets sign-off from <\/strong>SNTIC.<\/strong><\/p><\/blockquote>\n

Davis assurances certainly won\u2019t hurt matters when the SNTIC comes to make a decision next month, and his $500 million pledge may ease concerns about the amount of public money that would be plowed into the project.<\/p>\n

LVS and Majestic Realty would contribute around $150 million towards construction while the remaining $750 million would come from taxes on tourists, according to the Las Vegas Review-Journal.<\/p>\n

Sports Betting Not an Impediment<\/b><\/h2>\n

Davis said that he was confident that the NFL\u2019s longstanding anti-sport betting stance would not be an impediment to bringing the Raiders to Vegas.<\/p>\n

A recent memo, circulated by the NFL shortly after Davis first met with LVS boss Sheldon Adelson<\/a> to discuss the project, would appear to add weight to that assertion. \u201cThere is no prohibition under league rules on a team moving to any particular city,\u201d it said.<\/p>\n

“Let’s give them [the NFL] an offer they can’t refuse,” said Davis. “They’re going to approve it based on that.”<\/p>\n

The Raiders lease expired on the O.co Coliseum in Oakland this year, but Davis has been able to secure a temporary extension. The team is likely to stay at there for the next few seasons until the new Vegas arena is built, should it get the go-ahead. It would be unlikely to be ready before 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cLas Vegas Raiders\u201d has a certain ring to it, does it? Raider\u2019s boss Mark Davis was in town this week to offer the most concrete assurance yet that Vegas could be about to get its first major league sports team. “We need a home. We need a stadium,” Davis told a meeting of the Southern […]<\/p>\n","protected":false},"author":42,"featured_media":35544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1,16],"tags":[],"acf":[],"yoast_head":"\nRaiders\u2019 Mark Davis Pledges \u201cLifetime Commitment\u201d and $500 Million to Las Vegas - Casino.org<\/title>\n<meta name=\"description\" content=\"Raider\u2019s boss Mark Davis was in town this week to offer the most concrete assurance yet that Vegas could be about to get its first major league sports team.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raiders\u2019 Mark Davis Pledges \u201cLifetime Commitment\u201d and $500 Million to Las Vegas - Casino.org\" \/>\n<meta property=\"og:description\" content=\"Raider\u2019s boss Mark Davis was in town this week to offer the most concrete assurance yet that Vegas could be about to get its first major league sports team.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-29T19:50:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-06-22T11:44:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/04\/ap-raiders-owner-says-he-will-spend-500-million-in-vegas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"341\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/\",\"url\":\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/\",\"name\":\"Raiders\u2019 Mark Davis Pledges \u201cLifetime Commitment\u201d and $500 Million to Las Vegas - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/04\/ap-raiders-owner-says-he-will-spend-500-million-in-vegas.jpg\",\"datePublished\":\"2016-04-29T19:50:24+00:00\",\"dateModified\":\"2016-06-22T11:44:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Raider\u2019s boss Mark Davis was in town this week to offer the most concrete assurance yet that Vegas could be about to get its first major league sports team.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/raiders-mark-davis-pledges-lifetime-commitment-500-million-las-vegas\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/04\/ap-raiders-owner-says-he-will-spend-500-million-in-vegas.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/04\/ap-raiders-owner-says-he-will-spend-500-million-in-vegas.jpg\",\"width\":512,\"height\":341,\"caption\":\"Mark Davis holds up a mocked up banner of the \u201cLas Vegas Raiders\u201d as he pledged his commitment to making the city the team\u2019s new home. 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