What’s the total tab for a visiting spectator to attend the first Super Bowl in Las Vegas?
After the final game day point, the Super Bowl is expected to leave behind an economic impact of around $600 million, according to the Las Vegas Convention and Visitors Authority. That impact stretches far beyond the Las Vegas Strip, according to UNLV Director of Business and Economic Research Stephen Miller.
“The market is working, and in fact, what’s happening is it’s affecting the Air BNBs as well,” Miller said inside his office, speaking of industries benefitting from the increased attention. “Uber is a market-driven price, so, depending on the demand, the price can go way up.”
He points to the large draw Super Bowl weekend already has in Southern Nevada without hosting responsibilities that typically stimulate the Clark County economy annually. More stimulation is expected this year, which Miller says may be seen in wages to the average resident.
“What’s taxed in Vegas, stays in Vegas,” Miller said. “You have people that are actually doing the jobs in the supply chain. They get paid, and if they live here in Vegas, then they spend money in Vegas.”