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By Alan Snel, LVSportsBiz.com Publisher-Writer
LAS VEGAS, Nevada — The decline in Las Vegas tourism has meant a corresponding drop in hotel room tax revenues that are collected to pay off the public’s $1 billion plus debt on helping build the NFL Raiders stadium.
In the latest hotel room tax money stats, the May 2025 hotel room revenues to help pay off Allegiant Stadium dropped 6.3 percent to $5.7 million. In May 2024, Clark County collected $6.1 million, according to data for Thursday’s Las Vegas Stadium Authority Board meeting.
The 6.3 percent drop in hotel room tax revenues in May to pay off the Raiders stadium debt mirrored the May decline in Las Vegas tourism of 6.5 percent.
June tourism numbers dropped 11.3 percent, so expect the hotel room tax revenues in June to decline as well.
The LVCVA addressed the lull in tourism at its monthly board meeting Tuesday. Las Vegas Convention and Visitors Authority (LVCVA) CEO Steve Hill acknowledged the downturn in Las Vegas tourism.
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