{"id":172383,"date":"2021-05-01T15:25:58","date_gmt":"2021-05-01T22:25:58","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=172383"},"modified":"2021-07-19T01:05:28","modified_gmt":"2021-07-19T08:05:28","slug":"las-vegas-casinos-hope-ces-sparks-economic-boom","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/","title":{"rendered":"Las Vegas Casinos Hope CES Sparks Economic Boom"},"content":{"rendered":"

The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering.<\/p>\n

\"CES\"
Crowds gather an a pre-pandemic CES event in Las Vegas. The popular trade show is scheduled to return to Southern Nevada next year. (Image: Forbes<\/em>)<\/figcaption><\/figure>\n

The four-day CES show is set to begin Jan. 5, 2022, according to the Las Vegas Review-Journal<\/i>. After being held in Las Vegas for four decades, the event was conducted virtually at the beginning of this year because of COVID-19 restrictions.\u00a0<\/span><\/p>\n

Next year, an online option will be available for those who do not want to participate in-person.<\/p>\n

The Arlington, Va.-based Consumer Technology Association\u2019s trade show formerly was called the “Consumer Electronics Show.\u201d On its website, the CTA urges people not to refer to it by that former name.<\/p>\n

\n

Chandra Allison, senior vice president of sales at the Venetian Resort, told the newspaper that getting events and meetings such as CES to return to Southern Nevada is \u201cparamount to the city\u2019s economy.\u201d<\/p>\n<\/div>\n

The show in 2020 attracted 180,000 visitors to Las Vegas, the newspaper reported.\u00a0<\/span><\/p>\n

Since the March 2020 onset of the coronavirus pandemic, no large conventions have been held in the city. Conventions are seen as vital in filling up the Las Vegas Valley\u2019s massive hotel towers, especially during the slow midweek days.<\/p>\n

During the past year, several large resorts on the Las Vegas Strip temporarily closed their hotel rooms during the middle of the week because of low demand.<\/p>\n

Seeking Conventioneers<\/h2>\n

On Saturday, Las Vegas casino floors began operating at 80 percent capacity, up from 50 percent. The social distancing requirement was shortened from six feet to three feet.\u00a0<\/span><\/p>\n

In an earnings call this week, MGM Resorts International Chief Operating Officer Corey Sanders indicated hotel rooms could start filling up again as people become comfortable with relaxed social distancing rules, according to the newspaper. During the call, he mentioned the CES event.\u00a0<\/span><\/p>\n

\n

I think there\u2019s a slight chance early 2022, we could start seeing 90 percent occupancies,\u201d Sanders said.<\/p>\n<\/blockquote>\n

Since 1999, Las Vegas resorts have generated more revenue from conventions and hotel amenities than from gambling<\/a>, according to the Wall Street Journal<\/i>.<\/p>\n

This economic shift shows up in the way the area promotes itself. The Las Vegas Convention and Visitors Authority recently unveiled a television ad that does not have any footage of casino floors or any gambling tables or machines.<\/p>\n

Tourism officials also are touting a $987.1 million West Hall expansion at the Las Vegas Convention Center and an underground people-mover<\/a> developed by Elon Musk\u2019s The Boring Co. Both are intended to appeal to conventioneers.<\/p>\n

\u2018An Additional Amenity\u2019<\/h2>\n

In an interview with Casino.org<\/i>, a prominent screenwriter noted this shift away from Las Vegas\u2019 longtime status as a desert gambling outpost was because of a \u201ctotally different economy of scale<\/a>.\u201d<\/p>\n

Nicholas Pileggi said the change began in the 1980s, when publicly traded corporations started building 3,000-room megaresorts. At these luxury resorts, gambling \u201cis an additional amenity,\u201d he said.<\/p>\n

Pileggi, who co-wrote the 1995 Las Vegas Mafia movie Casino<\/i> with director Martin Scorsese, said casino companies learned that the new model is more lucrative. This model includes appealing to conventioneers.<\/p>\n

\u201cYou can make a lot more money with that kind of crowd than you can with three hundred guys who were betting yellow chips at the craps table,\u201d Pileggi told Casino.org<\/i>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES show is set to begin Jan. 5, 2022, according to the Las Vegas Review-Journal. After being held in Las Vegas for four decades, the event was conducted virtually […]<\/p>\n","protected":false},"author":55,"featured_media":172386,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"acf":[],"yoast_head":"\nLas Vegas Casinos Hope CES Sparks Economic Boom - Casino.org Las Vegas Casinos Hope CES Sparks an Economic Boom in Southern Nevada<\/title>\n<meta name=\"description\" content=\"The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES The CES, which attracted 180,000 people to Las Vegas two years ago, is returning to Southern Nevada in early 2022.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Las Vegas Casinos Hope CES Sparks Economic Boom - Casino.org Las Vegas Casinos Hope CES Sparks an Economic Boom in Southern Nevada\" \/>\n<meta property=\"og:description\" content=\"The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES The CES, which attracted 180,000 people to Las Vegas two years ago, is returning to Southern Nevada in early 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-01T22:25:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-19T08:05:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Larry Henry\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Larry Henry\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/\",\"url\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/\",\"name\":\"Las Vegas Casinos Hope CES Sparks Economic Boom - Casino.org Las Vegas Casinos Hope CES Sparks an Economic Boom in Southern Nevada\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg\",\"datePublished\":\"2021-05-01T22:25:58+00:00\",\"dateModified\":\"2021-07-19T08:05:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952\"},\"description\":\"The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES The CES, which attracted 180,000 people to Las Vegas two years ago, is returning to Southern Nevada in early 2022.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg\",\"width\":960,\"height\":640},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial\",\"item\":\"https:\/\/www.casino.org\/news\/financial\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Las Vegas Casinos Hope CES Sparks Economic Boom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952\",\"name\":\"Larry Henry\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg\",\"caption\":\"Larry Henry\"},\"description\":\"Gaming Regulation, Crime, Politics \u2014 Larry Henry is a veteran print and broadcast journalist who spent more than 16 years in Nevada, including serving as legislative reporter for the Reno Gazette-Journal and as political editor at the Las Vegas Sun. He's also written about popular culture for the Mob Museum in Las Vegas. As a broadcast journalist, he worked as managing editor at KFSM-TV, the CBS affiliate in Arkansas, where he now lives and where casino growth is a hot topic. A Marine Corps veteran and LSU graduate, he is also an avid movie fan, especially of classic film noir from the 1940s and \u201950s.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/larry-henry\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Las Vegas Casinos Hope CES Sparks Economic Boom - Casino.org Las Vegas Casinos Hope CES Sparks an Economic Boom in Southern Nevada","description":"The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES The CES, which attracted 180,000 people to Las Vegas two years ago, is returning to Southern Nevada in early 2022.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Las Vegas Casinos Hope CES Sparks Economic Boom - Casino.org Las Vegas Casinos Hope CES Sparks an Economic Boom in Southern Nevada","og_description":"The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES The CES, which attracted 180,000 people to Las Vegas two years ago, is returning to Southern Nevada in early 2022.","og_url":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-05-01T22:25:58+00:00","article_modified_time":"2021-07-19T08:05:28+00:00","og_image":[{"width":960,"height":640,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg","type":"image\/jpeg"}],"author":"Larry Henry","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Larry Henry","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/","url":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/","name":"Las Vegas Casinos Hope CES Sparks Economic Boom - Casino.org Las Vegas Casinos Hope CES Sparks an Economic Boom in Southern Nevada","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg","datePublished":"2021-05-01T22:25:58+00:00","dateModified":"2021-07-19T08:05:28+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952"},"description":"The return of the CES trade show to Las Vegas early next year gives casino officials hope that the Southern Nevada economy is recovering. The four-day CES The CES, which attracted 180,000 people to Las Vegas two years ago, is returning to Southern Nevada in early 2022.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/CES-3.jpeg","width":960,"height":640},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/las-vegas-casinos-hope-ces-sparks-economic-boom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Financial","item":"https:\/\/www.casino.org\/news\/financial\/"},{"@type":"ListItem","position":3,"name":"Las Vegas Casinos Hope CES Sparks Economic Boom"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952","name":"Larry Henry","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg","caption":"Larry Henry"},"description":"Gaming Regulation, Crime, Politics \u2014 Larry Henry is a veteran print and broadcast journalist who spent more than 16 years in Nevada, including serving as legislative reporter for the Reno Gazette-Journal and as political editor at the Las Vegas Sun. He's also written about popular culture for the Mob Museum in Las Vegas. As a broadcast journalist, he worked as managing editor at KFSM-TV, the CBS affiliate in Arkansas, where he now lives and where casino growth is a hot topic. A Marine Corps veteran and LSU graduate, he is also an avid movie fan, especially of classic film noir from the 1940s and \u201950s.","url":"https:\/\/www.casino.org\/news\/author\/larry-henry\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/172383"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=172383"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/172383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/172386"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=172383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=172383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=172383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}