News and Events

Las Vegas Sands NFL Stadium Bid Gathers Steam

Las Veg<span id="more-8663"></span>as Sands NFL Stadium Bid Gathers Steam

Sheldon Adelson (right) with Oakland Raiders owner Mark Davis. LVS wants to bring NFL to Las vegas, nevada using a $1.2 billion stadium.

The Las Vegas Sands’ bid to woo a major recreations team to Las Vegas with a proposed $1.2 billion stadium may only be a couple of weeks old, but it’s already momentum that is gathering.

Based on the Las Vegas Review-Journal (LVRJ), Ed Roski, who has the Majestic Reality Company which includes partnered with LVS on the project, came across with Nevada’s top development that is economic to talk about the arena this week. Steve Hill is president regarding the Southern Nevada Tourism Infrastructure Committee, body, by all reports, with the power to approve $1.2 billion stadiums.

Hill’s committee will formally hear the proposal month that is next on March 24th, and can issue a recommendation by July 31st.

LVS wants to build the stadium that is 65,000-seat a UNLV-owned 42-acre plot north of McCarran International airport. The university recently purchased the land for $50 million, and the arena would become the home of the UNLV university football group.

No NFL Prohibition on Las Vegas

LVS is hoping that it will become the home associated with Oakland Raiders, a team in search of a stadium. The Raiders’ rent expires on the Oco Coliseum in Oakland next thirty days. LVS Chairman Sheldon Adelson met Raiders owner Mark Davis recently to discuss the possibility.

Shortly after that conference, a memo was circulated by the NFL to its franchisees instructing them on what they should react to press inquiries about Adelson’s approach.

Based on the memo, the official line is that ‘there is no prohibition under league rules for a team going to any specific town,’ suggesting that the existence of legal sports betting in Nevada would not affect nevada’ chances within the light of the league’s strict stance that is anti-gambling.

Even though many Sin City residents would welcome the notion of a major sports team making the town its home for the first-time, many are less excited about the use of public money to fund such a task.

Public Money Would Provide Bulk of Funding

And while Adelson insisted that he’d put up the ‘lion’s share’ for the costs, on closer inspection, this doesn’t appear to be the case. a financing that is preliminary calls for $780 million in public money, while LVS will pony up $420 million, even though this plan isn’t final, says LVS.

Things seem to be moving quickly. LVS Senior Vice President of Government Relations Andy Abboud told the Review-Journal week that is last the company would be ‘moving forward with the stadium concept with or without an NFL team,’ but he might be getting ahead of himself.

Regardless any backlash that is public the funding derivation, UNLV Regent Michael Wixom told the LVRJ that the stadium still has to be approved by the university board.

‘While a stadium was discussed by some at the time being a use that is possible the property, the board have not approved any stadium plans. Neither does it have any agreement with any party for the construction or development of a stadium,’ he stated.

Brand New Hampshire Voters Choose Bernie Sanders and Donald Trump in First-in-the-Nation Primary

Bernie Sanders, right, and Donald Trump are making brand New England on the top of these respective primaries after New Hampshire voters heavily favored the Democrat and Republican 2016 contenders that are presidential. (Image: Joe Raedle/Jewel Samad/AFP/Getty Images)

New Hampshire voters spoke noisy and clear on Tuesday with America’s very first primary that is presidential of 2016 cycle. Just What they said is the fact that they’ren’t looking for the candidate that is traditional be their next president, aside from party.

Vermont Senator Bernie Sanders, a self-described democratic socialist, and Republican billionaire businessman Donald Trump, each won their particular primaries with decisive wins.

Sanders received 60 percent of the Democratic vote to Hillary Clinton’s 38.3 percent, while Trump pounced his challengers with 35.2 % to Ohio Governor John Kasich’s 15.8, Texas Senator Ted Cruz’s 11.7, and former Florida Governor Jeb Bush’s 11.1 %.

It absolutely was an evening that is dominating Sanders and Trump, and both needed the landslide victories to retain their momentum as they now head to sc and Nevada.

‘ We will make America again that is great’ Trump declared uttering his campaign motto.

‘Tonight, with just what is apparently a voter that is record-breaking, as a result of huge voter turnout, and I say huge, we won,’ Sanders said, mimicking the way Trump says ‘huge.’

Billionaire Battle

Clinton wasted virtually no time in releasing a statement on Tuesday night that said her campaign is looking forward to March, where states with a more minority-centered demographic will take part. She also admitted she needs to do more to connect with younger voters, as Sanders, whom ironically is the oldest candidate running in either party at 74, is dominating the youth vote. Clinton is 68.

Sanders’ rising popularity could entice billionaire Michael Bloomberg to enter the race. The New that is former York mayor has expressed desire for running and recently revealed he’s monitoring primary results. Bloomberg, worth a reported $39 billion, would probably run being an independent.

Many political pundits believe Clinton is an at-risk candidate these days, due to her ongoing email scandal. Sanders continues to be perceived as being a shot that is long the general election, due to his socialist political views. That’s why continued strong results from Sanders are most likely the key to Bloomberg throwing his title to the ring.

A billionaire vs. billionaire 2016 presidential showdown would certainly make for an interesting election with Trump’s national popularity and stable polling numbers.

Prospect Casino

If gambling is an issue that is important determining which candidate will receive your vote, here’s a rundown on the important thing contenders for 2016.

Democrat

Hillary Clinton: The former Secretary of State has been mixed on video gaming. She publicly opposed casino development during her spouse’s governorship in Arkansas back in 1984, after which supported growth that is such a senator in New York. Clinton also voted in support of the Internet that is unlawful Gambling Act (UIGEA) in 2006, the bill that outlawed the transmission of money online for gambling purposes.

Bernie Sanders: The Vermont politician hasn’t revealed much on his gambling place, though he too voted in support of UIGEA.

Republican

Donald Trump: Trump was as soon as in the casino business in Atlantic City with a few properties, but bailed from it before the New Jersey gaming city started to sink financially. He’s verbally gaming that is pro both land-based and online, but as he is never held a political office, he does not have a voting record.

Marco Rubio: The Florida Senator is championing the Restoration of America’s Wire Act (RAWA) in Congress this the bill that would effectively block all forms of gambling online, and it’s rumored that he may have Sheldon Adelson’s support, although that’s still undeclared year.

Ted Cruz: The Texas senator’s primary focus is working against congressional ‘cronyism,’ additionally the evangelist conservative would oppose bills like likely RAWA that extend the scope of federal government.

DraftKings Enters UK Market, Secures EPL Team Sponsorship

Arsenal’s Chief Commercial Officer, Vinai Venkatesham (left) with DraftKings’ Chief Executive Officer, Jason Robins, on the statement of this commercial sponsorship agreement between the two brands. (Image: arsenal.com)

Daily fantasy sports (DFS) operator DraftKings rolled away its much-anticipated UK operations this week, the initial period of an expansion plan that will see the Boston-based move that is start-up selected markets in Europe, Asia, and Latin America in 2016.

The move occurs the heels of months of debate in the US, with state solicitors general and legislatures battling it out for or against DFS.

The daily fantasy sports market leader was able to raise almost $300 million to help finance its international ambitions, $150 million of which came from Fox Sports for an 11 percent stake in the company in July of last year.

The British platform is now live, with players free to compete in 11 different sport categories, including American sports leagues like the NFL and NBA. However, DraftKings says it’s only too aware that Premiere League soccer is going to be the draw that is primary.

Arsenal, Liverpool, Watford Sponsorship

As such, it has widened the range of its soccer product for great britain market, broadening the scoring range to incorporate 18 different events that are in-game rather than the somewhat limited ‘goals,’ ‘saves’ and ‘assists’ types of its previous offering.

DraftKings also announced it had secured commercial partnership with three Premier League clubs, in Arsenal, Liverpool and Watford, that may see the business brand presence throughout the grounds during domestic events. DraftKings may also be promoted through all the teams’ digital and social media channels.

‘We’re under no impression which our top three recreations here will not be anything else than football, football and football,’ stated Jeffrey Haas, a gambling that is online veteran, previously of PokerStars and bwin.party, who’s been brought in to oversee the expansion. Haas called the UK ‘a logical fit’ for DraftKings.

American ex-pats could be confused on US soil is referred to as ‘football’ in England if they play on DraftKings across the pond, because what’s called ‘soccer.

Troubles at Residence

DraftKings announced it had received a license to run in 2015 august. Since then, times have been trying player rewards club casino arizona for the company in america, as a lawsuit launched by New York Attorney General Eric Schneiderman seeks to shut down its operations in the Empire State, its biggest market.

The company had planned to introduce in December of this past year, but turmoil that is domestic ny and other states postponed the move, because the company’s legal problems mounted.

The company applied for a gambling license just like any other operator while in New York, DraftKings’ lawyers argue that its contests should be exempted from state gambling laws on the grounds that they are skill-based and not gambling games, in the UK.

This may be seized upon by opponents of DFS as an admission by the industry that the games are as gambling that is much activities wagering is, but it also suggests a willingness of this largely self-regulated industry to embrace regulatory oversight where such oversight exists.