That could definitely make sense. Vegas might even put up some capital to make it easier for people to visit and put their hard earned dollars to good use.
I can also imagine that from an infrastructure standpoint building across desert you'd run into fewer obstacles, although that might be wishful / oversimplified thinking.
Seriously though, this would be an incredible project to work on. I wonder, outside of Elon Musk, who would take on the challenge?