Raiders: Economic Impact of Allegiant Stadium is $2.3B

Allegiant Stadium in May 2021
Allegiant Stadium in May 2021
Tomas Del Coro, Creative Commons

The Las Vegas Raiders' domed multipurpose Allegiant Stadium is generating visitors and adding $2.29 billion to the local community, the team said Wednesday. 

In its first Raiders Impact Report, team officials said that figure also includes $128 million in tax revenue, as reported by KTNV-TV. The report also states that 1.52 million people have come to Las Vegas because of the venue and 88 percent said it was "the primary reason for their visit."

In Billboard magazine's 2023 year-end chart listing the top-earning stadiums for the year, Allegiant Stadium ranked at No. 4 behind SoFi Stadium, Foro Sol, and MetLife Stadium. According to Billboard's list, Allegiant Stadium hosted 17 shows in 2023 with 725,000 people attending those events, which brought in $119.3 million. Billboard's data also indicated that Beyonce's shows at Allegiant Stadium on Aug. 26 and Aug. 27 were the highest-grossing events at the venue this year, making about $25.8 million with 86,500 people attending on average, KTNV-TV reported. 

The Raiders aren't just giving back through their stadium. They are also going into the community to find ways to help. According to the impact report, since moving to Southern Nevada, the team has donated more than $10 million in charitable giving, provided more than 400,000 meals, and hosted more than 815 community relations and youth football events.

Team officials said their first act as the Las Vegas Raiders was a $500,000 donation to eliminate school lunch and breakfast debt for qualifying school districts and charter schools enrolled in the National School Lunch and Breakfast Program in Nevada. The team has also had a longstanding partnership with Three Square Food Bank.

In terms of youth football events, the Raiders have donated 1,712 pairs of cleats, donated 990 game jerseys, and 325 helmets to Nevada high school and youth football programs. The team has also hosted 3,123 student-athletes at the Intermountain Health Performance Center, including Raiders training camp, coaches' clinics, youth football skills camps, and private tours.

Team officials said "the heart and soul" of the Raiders has been a commitment to excellence and touching the lives of fans the communities they serve and that the "Greatness of the Raiders is in its Future".

"In our inaugural report, we provide an in-depth look into our impact and sustainability journey, celebrating our strides while acknowledging areas where growth is necessary," Douglass Morgan said, as reported by KTNV-TV. "As we share our progress, we must also recognize the dedication of the Raiders and Allegiant Stadium team members who power our operations and practices. Together, we are defining the future of what it means to be a Raider in the dynamic heart of Las Vegas."

The 52-page Raiders Impact Report is available online.

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