Las Vegas Shooting Dampens Tax Collections For Raiders Stadium
LAS VEGAS (AP) - The decline in tourists that Las Vegas experienced after the mass shooting three months ago affected the tax collections meant to pay for a portion of the new Raiders stadium in Sin City.
Figures released Thursday by the Las Vegas Stadium Authority show tax collections came in about 3 percent and 10 percent under projections in October and November respectively.
An increase on area hotel taxes went into effect in March to cover $750 million of the $1.9 billion project.
Tourists are paying about $1.50 more per night on their hotel bill for an average-priced room on the Las Vegas Strip.
The data show taxpayers contributed to the project $4.6 million in October and $3.4 million in November.
The Raiders want to kick off the 2020 season in Las Vegas.
Copyright 2018 The Associated Press.
