F1 Economics: Who Really Benefits from the Grand Prix?
The F1 Las Vegas Grand Prix generated $934 million in economic impact. But who actually got that money? Luxury hotels thrived while regular businesses drowned.
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The F1 Las Vegas Grand Prix generated $934 million in economic impact. But who actually got that money? Luxury hotels thrived while regular businesses drowned.
Pawn Stars boss Rick Harrison says Las Vegas pricing "ticks people off." He's right. Between resort fees, parking charges, and inflated prices, Vegas has become a city of surprise bills.
Las Vegas visitation has been down for 10 straight months. Room tax revenues are falling behind budget. The tourism model that built this city may be breaking.
While Lake Mead dries up and residents face restrictions, Las Vegas golf courses consume 725 acre-feet of water each per year. Water that cannot be recycled. Who comes first?
The Colorado River has lost more than 150 feet of water at Lake Mead since 2000. Seven states are now negotiating who gets what's left—and Nevada is in a weak position.
Lake Mead is 31% full and falling. The Colorado River system that supplies 90% of Las Vegas's water is "nearer to collapse than ever." What happens when it runs out?