Billionaire Adelson threatens to leave Raiders' Vegas stadium bid

Billionaire casino magnate Sheldon Adelson threatened to leave the Oakland Raiders' pursuit of building a new stadium in Las Vegas, if the team didn't improve their current conditions for a deal.

"I negotiated to bring in the Oakland Raiders, an NFL football team from Oakland, because they don't have a stadium there, that I would build a stadium and rent it out to the Oakland Raiders," Adelson said Wednesday via Reuters.

Adelson offered $650 million towards a new stadium, in order to relocate the Raiders from Oakland to Las Vegas.

Although the two parties are trying to strike a deal, Adelson is content playing hardball with the team.

"They want so much," he said. "So I told my people, 'Tell them I could live with the deal, I could live without the deal. Here's the way it's gonna go down. If they don't want it, bye-bye,'" he said.

Regardless, 24 of the 32 NFL's owners need to approve a relocation bid before the Raiders' ambitions of joining Las Vegas can come to fruition.