Back in March, UNLV broke off its partnership with Majestic Realty to build a new football stadium on the school's campus. University leaders believed they couldn't garner enough support from lawmakers and the gaming industry under the old deal. But now it seems Majestic is proposing their own version of an event mega-center near the campus. And they too are now looking for support from lawmakers to make it happen. We'll hear from the head of Majestic about why have a competing stadium proposal.
UNLV decided to cut ties with its stadium partner, Majestic Realty. According to university officials, the split was necessary in order to strengthen relationships with the community, specifically the resorts. But with this shift in strategy UNLV also loses hundreds of millions of dollars in funding. What does that mean for the future of the stadium?
The fact that the Nevada legislature failed to pass a bill that would have created a special taxing district to fund a new arena, developers of UNLV's plan for a new stadium say their project is moving forward. UNLV Now is a proposed multi-sport arena and student housing complex on the campus of UNLV.