LVCVA executives defended expenditures in the report, saying that was merely the cost of doing business when wooing potential conventions and trade shows by showing decision makers some of the best the city has to offer.<\/p>\n
Even the CEOs annual compensation package of nearly $768,000 was justified, they said, when considering that Las Vegas regularly wins awards and top rankings as the best convention and visitors bureau in the world.<\/p>\n
The proposed budget would require the LVCVA to cut marketing expenses by 13 percent, from $49.4 million to $42.8 million. The finance officers also recommend the board cut $100,000 out of its special event funds, which stand at roughly $14.2 million.<\/p>\n
Despite an intent to spend slightly less on special events, the LVCVA did approve sponsoring three specific non-gaming temporary attractions:<\/p>\n
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The Life is Beautiful Music and Art Festival in September, the Rock ‘n’ Roll Marathon & Half Marathon in November, and the World Series of Team Roping, a weeklong rodeo event at South Point in December.<\/p>\n<\/div>\n
The LVCVA also supports dozens of other events financially each year. The biggest annual draw, in terms hotel bookings is the Electric Daisy Carnival, a festival of electronic dance music festival that highlights some of the most popular DJs in the world while bringing more than 230,000 visitors to Las Vegas in June.<\/p>\n
The LVCVA is also playing host to the Billboard Music Awards, at T-Mobil Arena, later this month.<\/p>\n","protected":false},"excerpt":{"rendered":"
So much activity is always going on in and around Las Vegas. Every week and weekend, it\u2019s something. And the group charged with drawing people to Nevada by the tens of thousands, and then making sure their experience is memorable, met this week to discuss revisions to their budget. The Las Vegas Convention and Visitors […]<\/p>\n","protected":false},"author":42,"featured_media":50120,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,21,10],"tags":[],"acf":[],"yoast_head":"\n
LVCVA Budget Proposal Includes Cuts to Controversial Marketing Spend<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n