Suit Filed To Stop Vegas Arena

A lawsuit has been filed challenging an initiative for a special taxing district to fund a sports arena on the Las Vegas Strip.

Taxpayers for the Protection of Nevada Jobs, a group that includes MGM Resorts and Boyd Gaming Corp., filed the lawsuit late Wednesday in Carson City. It alleges fraud in the gathering of signatures.

The measure would authorize a special taxing district in the Strip area, where an additional sales tax of 0.9 percent would be imposed to fund construction of the $448 million arena on land donated by Caesars Entertainment, formerly known as Harrah’s Entertainment.

Other Strip resorts have opposed the measure since its inception because of concerns it would take business away from their own venues.