Presumably that person coming to the game is not only betting, but is also staying at a hotel, eating a few meals, flying into and out of the airport, and gambling at the hotel. It's how you guys make most of your tax base, so I'd assume an increase in the tax base would be good.

Now the new traffic on the other hand...

As a Raiders season ticket holder, I can assure you that their division games (Chargers, Chiefs, Broncos) don't draw well. The visitors that draw, when you get them, are Steelers, Pats, Cowboys, maybe Chicago if their uptrend continues. But being Vegas is a wild card; there will be an attraction to Vegas, though not necessarily the stadium, on game weekends.

That's why I was saying my model was over simplified.

Obviously those people will spend a lot of money, but even if they ALL fly here Airport visitation stats won't go up 1%.

If we wanted to bring more visitors to Las Vegas pretty much any other way to spend a Billion dollars would have been more productive. The politicians never even tried to make that argument, at least to a sophisticated audience.

It's all about legacy, and home town spirit. Apparently a lot of people can't really be proud of a city that doesn't have an NFL team to root for.

Bottom line is we spent more to get an NFL team than any other city, and we are getting less out it than most cities, because we already have to many things to compete for a tourist's dollar and we didn't need a "star attraction" to revitalize an aging downtown or some of the other rationalizations other cities have used.

  So it would take about 20 years to pay for the Billion dollar stadium.

Except it's actually a two billion dollar stadium. Double the fun!

The stadium can be used for non-NFL events during the other 6 days of the week or 8 months of the year. That’s what every other stadium does.

That's what other cities do, but we already have 4 other stadiums of that size which are competing to book those events... and nobody has that much stuff going on, so it will be empty a lot more than your thinking.

And a bunch of awesome venues all over town.

Levi's Stadium doesn't get much non-football use. Even the Pac-12 Championship is moving elsewhere.