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Las Vegas Bowl bringing fans, economic boost to city

Posted at 5:33 PM, Dec 12, 2018
and last updated 2018-12-12 21:11:18-05

LAS VEGAS (KTNV) — The Las Vegas Bowl is Saturday and thousands of fans will be in town bringing an expected boost to the December economy.

"Usually the second and third weeks of December are among the slowest weeks in Las Vegas. The occupancy rate tends to go down a little without many visitors so this is nothing but a positive for the valley," financial analyst Steven Budin said.

The team behind the bowl game are basically creating a three-and-half-hour commercial for the city.

Everyone who watches the game will be getting a little a taste of what Las Vegas has to offer.

The hope is to bring more visitors here every year, and in 2020, there'll be even another football addition.

"We're very close with the Raiders on a new partnership and I think it's going to be good for the game and great for the city," Las Vegas Bowl Executive Director John Saccenti said.

Saturday's game will be more than just football.

The Las Vegas Convention and Visitors Authority is estimating the Las Vegas Bowl will bring in about 25,000 people to the city - that's more than $25 million in economic impact.

"Considering the new stadium will have almost three times as many seats as the existing stadium, you're looking at turning that into $75 million of an economic benefit," Budin said.