{"id":83872,"date":"2018-07-15T12:00:58","date_gmt":"2018-07-15T19:00:58","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=83872"},"modified":"2018-07-14T13:19:30","modified_gmt":"2018-07-14T20:19:30","slug":"lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/","title":{"rendered":"Lack of Las Vegas Monorail Funding Leaves Mandalay Bay Stop for Raiders Stadium Opening in Question"},"content":{"rendered":"

The Las Vegas Monorail could be a hero if it can reach the Mandalay Bay – the stop fans would use to reach the Raiders’ Las Vegas Stadium when it opens in 2020 – but as of right now, that status is in question.<\/p>\n

\"\"
A monorail station at Mandalay Bay would extend the train’s reach and provide service to the future site of the Raiders’ new stadium. But funding delays could mean it won’t be ready in time. (Image: CivilFx)<\/figcaption><\/figure>\n

A recent funding fallout is threatening to stall expansion from its current end at the MGM Grand to further south at the Mandalay Bay, meaning tourists and locals will have to rideshare, cab it, or drive and find a parking spot to see games when they first kick off at Las Vegas Stadium in two years.<\/p>\n

According to the\u00a0Las Vegas Review-Journal,\u00a0<\/em>plans to create a new monorail station at the Shoppes at Mandalay Place by the time the Raiders play their first NFL game in Las Vegas have stalled because the company has not acquired $110 million in bonds that would pay for the extension.<\/p>\n

The monorail starts at the SLS Las Vegas on the north end of the Strip.<\/p>\n

Delayed Construction Impact<\/h2>\n

The Clark County Commission approved the Mandalay Bay extension during a March zoning meeting, and construction on the project was set to begin this past June.<\/p>\n

Steve Sisolak — now the Democratic gubernatorial candidate for Nevada and currently chairman of the Clark County Commission — said the monorail would be a vital aspect of transportation to and from the Raiders\u2019 future stadium.<\/p>\n

\u201cWe can\u2019t do it all by cab and Uber and private transportation. The monorail has to absorb a bigger percentage of this,\u201d Sisolak told the R-J<\/em>.<\/p>\n

\n

Also opening in 2020 is the Madison Square Garden Sphere in Las Vegas: an 18,000 seat, 360-foot tall orb-like concert venue. Developers for the Sphere have expressed interest in monorail stop nearby<\/a>. Current plans call for the Sphere to connect with the Sands Expo Center through a climate-controlled pedestrian bridge.<\/span><\/p>\n<\/div>\n

Without the bond money secured, the Clark County Commission is in the process of reviewing the company\u2019s construction permits.<\/p>\n

The delay of the project isn\u2019t a total surprise.<\/p>\n

In January, the\u00a0Vital Vegas<\/em>\u00a0blog reported on Twitter that companies were \u201creluctant to underwrite\u201d the bonds with\u00a0 no backing.<\/strong><\/span><\/p>\n

\u201cMandalay needs this badly, but only way forward is if county or MGM Resorts guarantee bond payments,\u201d VV<\/i>\u00a0said.<\/strong><\/span><\/p><\/blockquote>\n

The company is eligible to apply for up to a $4.5 million loan from Clark County each year, but approval is not guaranteed.<\/p>\n

Parking Woes<\/h2>\n

Beyond major attractions, the monorail simply makes it easier for visitors to get around the 4-mile stretch of the Las Vegas Strip. More and more Strip casinos have abandoned free parking,<\/a> a tactic that some say is hurting tourism.<\/p>\n

“The customers hate it,” said Anthony Curtis, publisher of\u00a0Las Vegas Advisor<\/em>, when talking about parking and resort fees. “Everyone hates resort fees, but the parking fee is worse.”<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Las Vegas Monorail could be a hero if it can reach the Mandalay Bay – the stop fans would use to reach the Raiders’ Las Vegas Stadium when it opens in 2020 – but as of right now, that status is in question. A recent funding fallout is threatening to stall expansion from its […]<\/p>\n","protected":false},"author":42,"featured_media":83873,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,16,16693],"tags":[],"acf":[],"yoast_head":"\nLack of Monorail Funds Could Impact Mandalay Bay Raiders Stadium Stop<\/title>\n<meta name=\"description\" content=\"Plans to extend the Las Vegas Monorail that currently serves seven stops along the Las Vegas Strip have been put on hold because the company has not secured the $110 million in bonds necessary for the project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lack of Monorail Funds Could Impact Mandalay Bay Raiders Stadium Stop\" \/>\n<meta property=\"og:description\" content=\"Plans to extend the Las Vegas Monorail that currently serves seven stops along the Las Vegas Strip have been put on hold because the company has not secured the $110 million in bonds necessary for the project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/\" \/>\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=\"2018-07-15T19:00:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-07-14T20:19:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/07\/6Monorail-1200x540.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/\",\"url\":\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/\",\"name\":\"Lack of Monorail Funds Could Impact Mandalay Bay Raiders Stadium Stop\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/07\/6Monorail-1200x540.jpg\",\"datePublished\":\"2018-07-15T19:00:58+00:00\",\"dateModified\":\"2018-07-14T20:19:30+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Plans to extend the Las Vegas Monorail that currently serves seven stops along the Las Vegas Strip have been put on hold because the company has not secured the $110 million in bonds necessary for the project.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/lack-of-monorail-funds-could-impact-mandalay-bay-raiders-stadium-stop\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/07\/6Monorail-1200x540.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/07\/6Monorail-1200x540.jpg\",\"width\":1200,\"height\":540,\"caption\":\"A monorail station at Mandalay Bay would extend the train's reach and provide service to the future site of the Raiders' new stadium. 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