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Nevada Legislature approves Vegas stadium plan

CARSON CITY, Nev. -- The Nevada Legislature has signed off on a plan that would use $750 million in public money to build an NFL stadium in Las Vegas, despite opposition to a project partly funded by billionaire casino mogul Sheldon Adelson.

Raiders owner Mark Davis -- who has said he hopes to turn Nevada, "the Silver State, into the silver and black state," and pledged $500 million toward the building of the stadium -- thanked the legislature in a statement.

"All parties have worked extremely hard to develop and approve this tremendous stadium project that will serve as a proud new home for the entire Raider Nation," Davis said.