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.
Football
Formula One and Super Bowl are just two of several big events that will draw thousands of people to Southern Nevada between now and mid-February.
At a philanthropy summit, officials from the Super Bowl LVIII Host Committee and Formula One discussed how these events are looking to give back to the community.
The inaugural Formula One Las Vegas Grand Prix is projected to have an overall economic impact to the tune of almost $1.3 billion.
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