The Raiders were able to complete the deal to build what would become Allegiant Stadium after a loan from Bank of America. The Adelson family was initially involved in efforts that in 2020 brought the NFL Raiders from Oakland, California, to Las Vegas, but pulled out of a $650 million pledge to finance the stadium. The convention hall was previously known as the Sands Expo and Convention Center. Las Vegas Sands sold The Venetian, Palazzo and Venetian Expo Center in Las Vegas in February 2022 for $6.25 billion to private equity firm Apollo Global Management and real estate investment trust VICI Properties. She also is the publisher of Israel Hayom, a Hebrew-language free daily newspaper distributed widely in the country where she was born that is friendly to prime minister Benjamin Netanyahu.Īdelson and her family are major players in the Republican Party in the U.S., and she and her late husband were among the biggest contributors to the campaigns of former President Donald Trump. Adelson and her family own the Las Vegas Sands and Las Vegas Review-Journal, Nevada’s largest newspaper.
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