Still overdependent on tourism after all these years
A recent example of this is the success of sports/entertainment investments. For example, the Center for Business and Economic Research at UNLV (2023) quantifies that sporting events in Las Vegas generated $1.845 billion in direct output only in the fiscal year 2022. This is why Las Vegas has been investing heavily in sports such as the teams in the National Football League, the National Hockey League, the Women’s National Basketball Association, and the United Soccer League – all added just in the last decade.