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Raiders Secure Funding for a Stadium in Las Vegas

The Raiders leaving Oakland for Las Vegas has become much more likely over the last week.

Last week, both houses of the Nevada State Legislature voted to approve a tourism tax increase which would put $750 million in public money towards a proposed $1.8 billion stadium in Las Vegas.

Earlier today, Nevada Governor Brian Sandoval signed the bill into law.

There are few things NFL Ownership likes more than getting a significant public subsidy, and there’s simply no understating the value of an approved $750 million subsidy backed by taxes generated from hotels along The Strip.