Business & economic researcher weighs in on impact of major sports events in Las Vegas

“Professional sports have indeed provided a boost to the Las Vegas economy. But, as in the case of F1, is the economic benefit worth the price locals have to pay?

We turn to the director of UNLV’s Center for Business and Economic Research for answers, in this edition of FOX5 Experts.

We estimated about $1.8 billion, and that was just last year, so we see it growing, but we also have questions, just like the public does, about, you know, how much of this can you quantify, what assumptions are being made about that impact,” said Andrew Woods, the director of the program.”

Watch the Full Interview