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Las Vegas $750M Public Subsidy “Not a Standing Commitment”

In his pitch to move the Oakland Raiders to Las Vegas, Mark Davis told the other NFL owners that Goldman Sachs was backing the financial operation to build the new stadium, even if Sheldon Adelson was not involved in the project.

Well, Adelson backed out of the deal and issued quite a statement to go with it. Nobody really knows the reason for Adelson to leave the table like that, but all good…because Davis still had Goldman Sachs in his back pocket, right?

Nope.

On Tuesday, the day after Adelson backed out of the deal, sources within the bank told multiple reporters that no Adelson means no deal.