Las Vegas Convention Center expansion will spur tourism growth, analyst says

Wednesday, October 22, 2025 2:34 PM
Image aggregated from Las Vegas Review-Journal.
  • Richard N. Velotta, Las Vegas Review-Journal

The completion of the Las Vegas Convention Center’s $600 million renovation later this year lines up with the optimism casino companies have expressed about potential record growth in group sales in 2026.

A gaming industry analyst connected those dots in a report issued Tuesday previewing the third-quarter earnings season that begins this week.

The infrastructure investment is expected to be similar to the growth in Southern Nevada that followed the 2012 opening of the $2.4 billion Terminal 3 at what was then McCarran International Airport.

“With the $600 million Phase 3 LVCVA expansion almost complete, the head of the Las Vegas tourism agency (Las Vegas Convention and Visitors Authority President and CEO Steve Hill) recently highlighted that visitation looks ‘exceptionally strong’ over the next 15 months, further supporting the 2026 growth narrative,” said industry analyst Barry Jonas of Atlanta-based Truist Securities in a note to investors.