Every time you visit Las Vegas you are paying for the Allegiant Stadium. The revenue to pay for Allegiant Stadium is derived from a 0.88 percentage-point room tax on hotels in Clark County.
Las Vegas tourists have been paying a tax that goes to the stadium. Every time a tourists stays at a hotel in Las Vegas, a percentage of the money spent on their stay goes towards paying for the Allegiant Stadium. However, the Mandalay Bay Massacre and the COVID have resulted in dipping into $90 million the reserve pool. The reserve pool currently sits at $57.3 million after a withdrawal of $11.6 million was made last December 2020 to cover a shortfall. Payments are made twice a year: June and December. This June 2021, the anticipate withdrawing another $7.4 million from the pool. Allegiant Stadium was built in 2020. Allegiant Stadium is where the Raiders and the UNLV Football Team will be playing football.
Now, there is mounting pressure to fill the hotel rooms. If the reserve pool runs dry, then Allegiant Stadium will pull monies from the Clark County General Fund.
Jedi Rich Lightowler changed his life after 9/11 to follow his passion for modeling, art, photography, music, video and filmmaking.
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