As expected, November’s Formula One Las Vegas Grand Prix boosted the average daily room rate visitors paid, especially on the Las Vegas Strip.
Casinos & Gaming
For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com.
Revenue records were shattered during November’s Formula One race. The live entertainment tax collection was between $30 million and $35 million, the LVCVA said.
With Sands shareholder Miriam Adelson near to completing the sale of $2B in stock to buy a majority interest in the Dallas Mavericks, a role in the Oak View project has been dismissed.