Tuesday, August 9, 2011

Las Vegas NASCAR Weekend Contributes $194.6 Million to Vegas Economy

The 2011 NASCAR Weekend once again proved to be a huge economic windfall for the Las Vegas economy. This year’s event posted the third-highest financial impact on the community in the 14-year history of the event.

This year’s event, held March 4-6, contributed $194,699,000 to the local economy, according to figures released by the Las Vegas Convention and Visitors Authority. That represents a staggering 17.4-percent increase in economic impact over the 2010 event.

“This is tremendous news for our entire community,” said LVMS President Chris Powell. “This is a major shot in the arm for all local merchants. It’s also a great indicator that NASCAR remains strong and is a major player in Southern Nevada. This is the biggest sporting event each year in Nevada, and we’re proud of the role the speedway plays within the community.”

Read More Here at LVMS.com

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