Las Vegas and the Super Bowl: A New Era in Sports Betting

Las Vegas experienced significant growth in 2023, marked by major events and developments like the Formula One race and the upcoming Super Bowl 58. The city has diversified its economy beyond gambling, attracting sports teams and tech companies. However, challenges such as real estate prices, water scarcity, and workforce issues persist. The Hebaj family's move highlights lifestyle benefits and economic opportunities in Las Vegas. Despite environmental and urban planning challenges, Las Vegas continues to evolve as a major destination.

By what percentage did real estate prices in Las Vegas increase since pre-pandemic levels?

• 30%

• 20%

• 50%

• 40%

What is the primary challenge facing Las Vegas due to its location in the desert?

• Sandstorms

• Water scarcity

• Extreme heat

• Wildlife

What was the primary reason for Las Vegas's transformation from a mining town?

• Real estate development

• Tourism

• Technology boom

• Legalization of gambling

What year did Las Vegas host a Formula One race that significantly boosted the local economy?

• 2022

• 2023

• 2024

• 2025

Which sports team's arrival in Las Vegas saw the biggest return on investment?

• None of the above

• The Golden Knights

• The Raiders

• The Las Vegas Aces

What was the economic impact of sporting events on Las Vegas in 2022?

• $2.0 billion

• $1.2 billion

• $1.5 billion

• $1.8 billion

Which event in 2024 is expected to draw 330,000 people and bring in $700 million to Las Vegas?

• World Cup

• Olympic Games

• Super Bowl 58

• NBA Finals

What is the expected impact of hosting Super Bowl 58 on Las Vegas?

• Decrease in traffic congestion

• Increase in local employment

• Decline in hotel prices

• Boost in tourism

What is a significant factor attracting businesses to relocate to Las Vegas?

• Proximity to the ocean

• Cold climate

• Lack of state income tax

• High taxes

What percentage of Nevada's land is federally owned?

• 70%

• 90%

• 80%

• 60%