With concerts at the Sphere, Raiders games at Allegiant Stadium and Formula One racers flooring it, Las Vegas has upped its offerings outside casinos in recent years.
The surge of new entertainment provides more reasons to visit Vegas, or at least more places to spend money, and boosts a segment of the local workforce. But a big question remains.
Does it diversify Las Vegas’ tourism-heavy economy?
From a data standpoint, it doesn’t, as entertainment jobs are part of Las Vegas’ already-dominant leisure and hospitality sector. Experts who track the local economy say that more shows, sporting events and the like diversify and enhance the region’s main industry.