A domed stadium proposed for the University of Nevada, Las Vegas football team has a price tag of $1.2 billion, and developers would seek $780 million in public financing, according to a document provided by Las Vegas Sands Corp., which is leading a consortium behind the project.
Private investors would contribute $420 million toward the planned 65,000-seat stadium, with various tourist-driven tax sources — commercial conveyance on taxicabs, rental car taxes or hotel room taxes — providing the bulk of the funding.
Las Vegas Sands announced plans for the domed stadium on 42 acres near UNLV last week.