Will the F1 Grand Prix help the bottom line for all of Las Vegas, not just a few resorts?
Regulation · 2024-11-12
Will the F1 Grand Prix help the bottom line for all of Las Vegas, not just a few resorts?
The second Formula One Las Vegas Grand Prix is two weeks away and operators of the Strip’s largest resorts are attempting to tamp down expectations of a financial windfall from the event.
“I would say flat-to-down a couple of million dollars versus last year,” was how Caesars Entertainment CEO Tom Reeg predicted his company’s eight casinos — all of which sit along the Strip’s 2-mile stretch of the 3.8-mile F1 circuit – would see from customers coming to Las Vegas for the Nov. 21-23 event.
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