Las Vegas Transforms into Major Sports and Entertainment Hub
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Las Vegas is becoming a major sports hub, hosting events like the Super Bowl, Formula One, NHL, WNBA, UFC, and more. The A's and an NBA team are also on the way.
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A $10 billion project underway will include an NBA arena, hotel, resort, and high-speed rail to LA. It highlights the convergence of tourism, sports, and entertainment.
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This "fun economy" is valued at $13.7 trillion globally, making it larger than industries like automobiles and pharmaceuticals.
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UNLV has a sports innovation center developing new technologies like computerized cleats and e-sports arenas. It partners with major companies.
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Sporting events generated almost $2 billion in Vegas fiscal 2022 revenue. 2024 has 39 major events scheduled, cementing the city's status.