A $5-billion Las Vegas dream collapsed and left angry investors in its wake
LAS VEGAS — Even in a city accustomed to outlandish projects and long-shot bets, Jackie Lee Robinson’s $5-billion vision for Las Vegas stood out. The NBA champion proposed building an arena — sheathed in giant LED screens and crowned with a retractable roof — to anchor an enormous development without a casino in a less-visited part of the Strip. At a celebratory news conference in October 2022, a promotional video promised to transform 27 acres of barren land into a world-class destination. Robinson called it the All Net Resort and Arena, using basketball slang for a shot so perfect the ball passes through the net without touching the rim. A member of the powerful Clark County Commission seated next to Robinson praised “the faith, the belief, the moxie to dream outside the box,” while Nevada’s then-lieutenant governor gushed that the privately financed project “truly is incredible.” Small-time investors had faith in Robinson, too, and had poured millions into the undertaking. But the land between the Sahara and Fontainebleau hotel-casinos remains empty. A Times investigation has found …