March 7 (UPI) -- The Oakland Raiders informed the NFL's stadium and finance committees on Monday that they have secured financing from Bank of America for their potential stadium in Las Vegas, according to multiple media reports.
The news comes several weeks after casino magnate Sheldon Adelson and finance giant Goldman Sachs withdrew from a plan to help finance the construction of a $1.9 billion, 65,000-seat domed stadium in Las Vegas. Adelson had pledged $650 million and the Raiders $500 million, with the stadium authority putting up $750 million in Las Vegas tax revenues.