Allegiant Stadium is owned by the Las Vegas Stadium Authority. The stadium authority is responsible for the ownership and oversight of the stadium, while the Las Vegas Raiders lease the stadium for their games. Steve Hill, chairman of the Las Vegas Stadium Authority, confirmed the ownership and the development agreement between the authority and the Raiders. The stadium is located in Paradise, Nevada, near Las Vegas, and serves as the home field for the Las Vegas Raiders NFL team and UNLV Rebels college football team.