At the Vegas Chamber’s Preview Las Vegas event, economist Jeremy Aguero gave a breakdown on how much tourists spent during Las Vegas Grand Prix week.
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As expected, November’s Formula One Las Vegas Grand Prix boosted the average daily room rate visitors paid, especially on the Las Vegas Strip.
“The families are targeting a closing of the transaction by year-end, subject to the satisfaction of customary closing conditions and approval of the NBA Board of Governors,” said a statement released by the Adelson and Dumont families.
According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
“It makes a bunch of sense,” LVCVA president and CEO Steve Hill said. “If you go out there now, traffic is better than it was before we built all this and that bridge is a big part of that.”
After over 500 days of preparation, Formula One fans from around the world are ready to gather for the Las Vegas Grand Prix, the biggest event in the city’s history.
When thousands of race fans converge on Las Vegas later this month, it presents a huge economic opportunity. But some local residents still hate the idea.
Somebody ripped some holes in screens attached to the overpass glass designed to block views of the Formula One race course.
Online poker tournament winners from across the country won a free trip to Las Vegas and a five-night stay at Aria for the inaugural BetMGM Poker Championship.
“I think it’s safe for me to say that they have a very, very strong interest in our site if the transaction can work to their advantage,” Gaming & Leisure Properties top executive Peter Carlino said during a Friday earnings call.