Tourist Spending In Las Vegas Breaks The Record
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Tourist spending in Las Vegas continues to rise, as figures released earlier this week by the Las Vegas Convention and Visitors Authority (LVCVA) confirm that the previous record set in 2019 was surpassed in 2022.
According to an article written by Bryan Horwath on KTNV.com,tourist spending in Las Vegas reached $45 billion dollars last year, beating 2021 by 24%. 2022 figures surpassed the previously held record from 2019 by 22%.
The economic impact of all this visitor spending in our region also broke the previously held record from 2019 by 25%, with totals exceeding $79 billion dollars. It looks like our city remains one of the top tourist destinations in the United States, and business has bounced back since the COVID-19 pandemic shutdowns.
However, per the LVCVA report, visitor volume and convention attendance last year did not exceed previously held records. It may take more time to pass before more of the population feels safe enough to travel here and be amongst the big crowds.
But, if you continue to look at all the categories the LVCVA tracks in their historic report, you can see that our city and county did set more records in Room Inventory, Room Tax Collections, and Gaming Revenue. Clark County casinos did over $12 billion dollars in gaming revenue in 2022. Pretty impressive. You can track all of these figures since 1970 in the LVCVA CLICKING HERE.
Horwath’s article on KTNV.com goes on to confirm that the tourism industry here in Southern Nevada is still the largest employer, with an estimated 230,000 people of our total population employed by these businesses.
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Larry Martino is the long-time Afternoon Drive personality on 96.3 KKLZ. The views and opinions expressed in this blog are those of Larry Martino and not necessarily those of Beasley Media Group, LLC.
Most Extravagant, Wildest Parties In Las Vegas History
Extravagant parties in Las Vegas are as natural as sunlight. The wildest parties in Las Vegas history are unlike any other.
Our city, born from the hands of organized crime and salacious activity, has come to represent celebrations, new beginnings and the joys of life.
From the early days of mobsters running the city to the more current night-life hospitality big wigs, Las Vegas is known to be a city where you can let loose.
Our city contains scenes, people and activities that leave you breathless and — maybe — at a loss for words. With that being said, it’s all of the peculiar factors of Las Vegas that makes this a true judgement-free zone.
What other city offers 24-hour adult entertainment, gambling and amazing food? The people that say New York is the city that never sleeps have never been to Las Vegas.
But, you may be wondering “how did Las Vegas even turn from bare desert to party capital of the world?”
Well according to CultureTrip.com, Las Vegas became a city where the mining industry took over.
Essentially, groups of miners, ranchers and other “Wild West” figures would sprout as the economy of Nevada became centered around precious metals. Hence why Nevada is also coined as the “silver state.”
So, you can imagine that a city containing miners, ranchers and cowboys would attract other businesses such as “saloons” “illegal casinos” and prostitution.
According to PBS, by the end of 1910, the government outlaws all gambling in the United States. Prohibition also caused other illegal bars to erupt across the desert, which offered a certain sanctuary for most illicit activities that were outlawed during this time.
The covert nature of humans needing to drink and party lead to many East Coast mobsters establishing businesses within Las Vegas.
PBS states that Nevada re-legalized casinos in 1931, making our state the only place in the union to offer legal casino gambling. Other states had race tracks, low-stake bingo spreads only. But, Las Vegas had the real gambling games, and the Hoover Dam’s construction brought another mass amount of men to work within the area.
As gambling and the tourism industry became a hot reason to visit Las Vegas, the plethora of organized crime and criminal leaders all followed. Great entertainers like Elvis Presley and Frank Sinatra entertained the crowds of Vegas, making people want to visit the city to see these great artists perform.
Mega resorts started being built and other promotional, entertaining events started happening more frequently. Club parties, pool parties and other ways of celebrating became foundational within the Vegas ecosystem.
Today, our city still attracts thousands of people from across the world, who are looking to party hard.
Scroll down below to see some of the craziest, most extravagant and wildest parties in Las Vegas history.
