Allegiant Stadium attracted 531,609 fans across 38 events in the fourth quarter of 2025, a 3.8% increase over the 512,145 attendees during the same period in 2024. The uptick occurred even as Las Vegas tourism fell 7.5% in the latter half of 2025, a decline that also depressed room tax collections tied to the stadium’s public funding.
For all of 2025, the stadium hosted 1.7 million attendees, matching its 2022 total and exceeding the 1.4 million recorded in 2024 and 1.6 million in 2023. Since opening to fans in 2021, cumulative attendance has reached 7.4 million.
Raiders owner Mark Davis credited the venue’s success to Las Vegas’s status as a sports and entertainment hub. “It says a lot about Las Vegas as the sports and entertainment capital of the world because it’s concerts and sports that are doing it,” he said last month.
All five of the stadium’s most-attended events in the fourth quarter were Raiders home games. The Nov. 17 matchup against the Dallas Cowboys drew 60,327 fans, with 68% coming from out of town. Other top games included Dec. 7 vs. Denver (57,018, 69% out of town), Nov. 23 vs. Cleveland (53,749, 61%), Nov. 2 vs. Jacksonville (52,401, 63%), and Dec. 28 vs. the New York Giants (52,136, 54%).
Across nine Raiders games in 2025 (eight regular season, one preseason), total attendance was 497,934, with an average of 63% of fans from outside Southern Nevada. The Jan. 4 game against Kansas City is not yet included; that data will be released at May’s stadium authority meeting.
Jeremy Aguero, principal of Applied Analysis and former stadium authority staff, noted that typically one-third of Raiders attendees are local, one-third are Raiders fans from elsewhere, and one-third support the visiting team. He suggested that a winning team could shift that balance. “All of a sudden you change that, you get a little more of a home field environment,” Aguero said. “I don’t think there are any better fans on planet earth than Raiders fans once they feel like they can get behind that team. It’s been a few difficult years for them, but they are finding their way forward.”
The top non-Raiders events in the fourth quarter included Paul McCartney’s concert (42,926, 70% out of town), the Las Vegas Bowl featuring Nebraska vs. Utah (34,369, 76% out of town), the HBCU Classic between Grambling State and Jackson State (30,149, 65% out of town), and UNLV’s football game against Hawaii (22,755).
Room Tax Revenue Falls Short
Through the first six months of fiscal year 2026 (July–December 2025), the 0.88% room tax on Southern Nevada hotel rooms generated $28.9 million, 7.5% below the budgeted $31.2 million. The shortfall mirrors the 7.5% drop in Las Vegas visitation, which totaled 38.5 million visitors in 2025. Since the tax took effect in March 2017, it has collected approximately $444 million to repay bonds used for the $750 million in public funding for Allegiant Stadium. The tax is scheduled to remain in place through 2048.
