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Las Vegas Visitor Volume Las Vegas Visitor Volume 44 Millions 42 42 40 Million 38 36 34 32 30 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 Source: Las Vegas Convention and Visitors Authority Las Vegas Tourism Industry 147,598 87.5% 52.9% Room Inventory Occupancy Rate of GDP Source: Las Vegas Convention and Visitors Authority Origin of All Las Vegas Visitors EASTERN STATES MIDWESTERN STATES WESTERN STATES 7% 9% 3.0 million 52% 4.0 million 21.8 million INTERNATIONAL SOUTHERN STATES 16% 15% 6.9 million 6.5 million Note: Percentages do not add to 100 due to rounding Source: Las Vegas Convention and Visitors Authority Economic Impacts of All Visitors to Las Vegas 2017 Direct Indirect Induced Employment Wage and Salary Payments Economic Output 391,347 $16.4 B $58.8 B 85,754 $3.2 B $13.8 B $2.5 B 59,819 $10.1 B 245,775 $10.7 B $34.8 B Source: Las Vegas Convention and Visitors Authority and Applied Analysis SPORTS AND ENTERTAINMENT IMPACTS Elements of the Sports and Entertainment Industry Visitor Impacts of the Sports and Entertainment Industry $3.9 B $1.1 B 27,700 Spending Impact Wage and Salary Impact Job Impact Source: Las Vegas Convention and Visitors Authority and Applied Analysis Elements of the Sports and Entertainment Industry Primary Purpose of Visit 2017 48% 14% 10% 6% 6% 5% 5% 4% 1% Vacation/ Friends/ Convention/ Other Business Special Event To Gamble Passing Through Wedding Other Pleasure Relatives Corporate Meeting Source: Las Vegas Convention and Visitors Authority Primary Purpose of Visit 2017 6% Vacation/ Friends/ Convention/ Other Business Special Event To Gamble Passing Through Wedding Other Pleasure Relatives Corporate Meeting Source: Las Vegas Convention and Visitors Authority Selected Special Events Taking Place in Southern Nevada EVENT EST. TOTAL EVENT EST. TOTAL OUT-OF- EVENT EVENT TYPE PRIMARY EVENT VENUE DAYS ATTENDANCE TOWN VISITORS Electric Daisy Carnival (EDC) Music Las Vegas Motor Speedway 3 400,000 125,000 Wrangler National Finals Rodeo Equestrian Thomas & Mack Center 10 171,000 40,000 Life is Beautiful Music Downtown Las Vegas 3 153,000 37,000 NBA Summer League Sports Thomas & Mack Center & Cox Pavilion 12 133,000 34,000 Cowboy Christmas Gift Show Other Las Vegas Convention Center 10 118,000 105,000 NHRA Toyota Nationals Motor Sports Las Vegas Motor Speedway 4 108,000 44,000 USBC Open Championships Sports South Point Bowling Plaza 149 100,000 96,000 NASCAR - Spring Race Motor Sports Las Vegas Motor Speedway 3 86,000 73,000 Pac-12 Men's Basketball Tournament Sports T-Mobile Arena 4 83,000 12,000 PBR World Finals Equestrian T-Mobile Arena 5 70,000 17,000 Rock 'n' Roll Las Vegas Marathon (and Half) Sports Las Vegas Boulevard 2 57,000 54,000 USA Sevens Rugby Sports Sam Boyd Stadium 3 55,000 22,000 Source: Las Vegas Convention and Visitors Authority and Las Vegas Events Music Events Equestrian Events Sporting Events Sporting Events Motor Sport Events 5-Year Average Visitor Spending Impacts Those Indicating Special Events as the Primary Purpose for Their Visit Direct Indirect Induced Employment Wage and Salary Payments Economic Output 24,300 $1.0 B $3.3 B 5,100 $0.2 B $0.7 B 4,000 $0.2 B $0.6 B 15,100 $0.6 B $2.0 B Source: Las Vegas Convention and Visitors Authority and Applied Analysis Elements of the Sports and Entertainment Industry 1971 Sam Boyd Stadium 1976 Aladdin Theatre for the Performing Arts (Now Zappos Theater at Planet Hollywood) 1983 Thomas & Mack Center Cashman Field 1993 MGM Grand Garden Arena 1996 Las Vegas Moto Speedway 1999 Mandalay Bay Events Center 2003 Orleans Arena 2006 South Point Arena & Equestrian Center 2016 2017 T-Mobile Arena City National Arena Park Theater at Monte Carlo (Now Park MGM) 2020 Las Vegas Stadium 2019 Las Vegas Ballpark MSG Sphere at The Venetian NAME VENUE TYPE TYPICAL SEATING CAPACITY 1971 EXISTING VENUES Sam Boyd Stadium Las Vegas Motor Speedway Speedway 123,000 1976 Sam Boyd Stadium Stadium 35,000 Aladdin Theatre for the Performing Arts Thomas & Mack Center Arena 18,500 (Now Zappos Theater at Planet Hollywood) 1983 T-Mobile Arena Arena 17,500 Thomas & Mack Center Cashman Field MGM Grand Garden Arena Arena 16,800 Mandalay Bay Events Center Arena 12,000 Cashman Field Ballpark 9,300 1993 Orleans Arena Arena 9,000 MGM Grand Garden Arena 1996 Zappos Theater at Planet Hollywood Theater 7,000 Las Vegas Moto Speedway 1999 Mandalay Bay Events Center Park Theater at Park MGM Theater 5,200 South Point Arena & Equestrian Center Arena 4,600 2003 Orleans Arena City National Arena Arena 1,200 2006 South Point Arena & UNDER CONSTRUCTION VENUES Equestrian Center Las Vegas Stadium Stadium 65,000 2016 2017 T-Mobile Arena MSG Sphere at The Venetian Arena 18,000 City National Arena Park Theater at Monte Carlo (Now Park MGM) Las Vegas Ballpark Ballpark 10,000 2020 TOTAL – EXISTING AND UNDER CONSTRUCTION 352,100 Las Vegas Stadium 2019 Las Vegas Ballpark MSG Sphere at The Venetian Note: Venue list includes all major sports facilities and large-scale entertainment venues with 5,000 seats or more. Open-aired venues without installed seating are excluded. Top 10 Grossing Arenas CONCERT 12-MONTH ARENA LOCATION CAPACITY GROSS 1 T-Mobile Arena Las Vegas 20,000 $164.4 M 2 Madison Square Garden New York 19,301 $158.6 M 3 O2 Arena London 21,000 $147.1 M 4 The Forum Inglewood 17,500 $100.2 M 5 Barclays Center Brooklyn 19,000 $80.52 M 6 Staples Center Los Angeles 20,000 $80.5 M 7 Qudos Bank Arena Sydney 20,381 $70.4 M 8 Scotiabank Arena Toronto 19,100 $70.2 M 9 American Airlines Center Dallas 20,100 $58.6 M 10 Prudential Center Newark 17,500 $55.1 M Note: Arenas with capacity 15,001+ Source: Revealed: The Hottest Venues on the 2018 Arena Power List Top 10 Grossing Arenas CONCERT 12-MONTH ARENA LOCATION CAPACITY GROSS 1 T-MOBILE ARENA LAS VEGAS 20,000 $164.4 M 2 Madison Square Garden New York 19,301 $158.6 M 3 O2 Arena London 21,000 $147.1 M 4 The Forum Inglewood 17,500 $100.2 M 5 Barclays Center Brooklyn 19,000 $80.52 M 6 Staples Center Los Angeles 20,000 $80.5 M 7 Qudos Bank Arena Sydney 20,381 $70.4 M 8 Scotiabank Arena Toronto 19,100 $70.2 M 9 American Airlines Center Dallas 20,100 $58.6 M 10 Prudential Center Newark 17,500 $55.1 M Note: Arenas with capacity 15,001+ Source: Revealed: The Hottest Venues on the 2018 Arena Power List Future Sports & Entertainment Venues November 17, 2017 Las Vegas Stadium Construction Start Date Source: Las Vegas Review-Journal Notable Venue Investments Estimated One-Time Construction Impacts DIRECT INDIRECT INDUCED TOTAL DIRECT INDIRECT INDUCED TOTAL DIRECT INDIRECT INDUCED TOTAL Note: Person years of employment. Visitor Spending Impacts of Venues Estimated Five-Year Average DIRECT INDIRECT INDUCED TOTAL DIRECT INDIRECT INDUCED TOTAL DIRECT INDIRECT INDUCED TOTAL Incremental Visitor Spending Impacts Existing and Future Stabilized Venues $1.5 B $0.5 B 12,300 Spending Impact Wage and Salary Impact Job Impact Elements of the Sports and Entertainment Industry Sports Teams and Organizations in Las Vegas 1983 2001 2017 2018 2020 LAS VEGAS 51s NEW BALLPARK AND REBRANDING Source: Las Vegas 51s 2019 Rebranded Team’s Opening Season in New Ballpark ULTIMATE FIGHTING CHAMPIONSHIP (UFC) “The Fight Capital of the World” 243,414 Total Attendance 2016-2018 Las Vegas UFC Events Mayweather vs. McGregor August 26, 2017 VEGAS GOLDEN KNIGHTS Vegas Golden Knights 18,042 17th Average Home Highest NHL Game Attendance Team Attendance Source: ESPN Source: Vegas Golden Knights 2018 Western Conference Champions Source: Vegas Golden Knights Source: Vegas Golden Knights Source: Vegas Golden Knights RECENT LAS VEGAS INAUGURAL SEASON SUCCESSES Las Vegas Lights 7,300 6th Average Home Highest USL Game Attendance Team Attendance Source: Soccer Stadium Digest Las Vegas Aces 5,200 Average Home Game Attendance Source: Las Vegas Review Journal Las Vegas Aces win WNBA lottery again, get No. 1 pick in draft “The Aces won the WNBA Draft Lottery for the second straight year and third as a franchise. They also landed the top selection as the San Antonio Stars in 2017… The Aces exceeded expectations with a 14-20 record in their inaugural season in Las Vegas.” Source: Las Vegas Review Journal, 8/28/2018 LAS VEGAS RAIDERS 2020 Las Vegas Raiders Inaugural Season Incremental Visitor Spending Impacts Existing and Future Sports Teams and Organizations $636 M $173 M 4,300 Spending Impact Wage and Salary Impact Job Impact Elements of the Sports and Entertainment Industry Resort Property Owners and Operators Las Vegas Convention and Visitors Authority and Las Vegas Events Professional Sports Teams and Organizations Event Promoters and Operators BEYOND THE BASELINE Source: Chicago Tribune Source: Sporting News Source: Nevada Little League 25-Acre Sports Complex in Mountain’s Edge Source: Downtown Las Vegas SC Source: Jr. Golden Knights Source: Las Vegas Bowl Source: UNLV The Business Side of Sports Source: UFC Charitable Contributions in Las Vegas Future Considerations and Recommendations 1 Ensure Las Vegas’ Position as a World-Class City Developing the Business Side of Sports is a Significant Economic Development 2 and Diversification Opportunity 3 Monitor the Balance Between Tourist Demand and Infrastructure Capacity 4 Ensure Transparency and Accountability but Permit Confidentiality 5 Positioning Las Vegas as a Premier Sports Leader Requires Information 6 Deliver on the Brand Promise THE ENTERTAINMENT CAPITAL OF THE WORLD THE SPORTS & ENTERTAINMENT CAPITAL OF THE WORLD .
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