What Is the Raiders Stadium?
The Raiders stadium is the home venue of the Las Vegas Raiders, an NFL team that relocated from Oakland. Officially known as Allegiant Stadium, it opened in 2020 and is located in Paradise, Nevada, near the Las Vegas Strip.
Cost, Funding, and Financial Structure
The stadium cost approximately $1.9 billion to build. Funding came from a mix of public subsidies, hotel room taxes, and private contributions from the Raiders ownership group and the NFL. The public share was structured as a special tax district to finance bonds without raising general tax rates.
Economic Impact and Usage
The stadium hosts Raiders NFL games, major concerts, and events such as the Super Bowl and college football championships. It is designed to attract tourism and conventions, aiming to generate hotel tax revenue and support local hospitality jobs. Visit the official NFL site for more details on stadium events and economic reports.
