Report: 'Electric Daisy' pumped $136M to Vegas area - FOX5 Vegas - KVVU

Report: 'Electric Daisy' pumped $136M to Vegas area

Posted: Updated:
LAS VEGAS (FOX5) -

Las Vegas' first foray into the dance music festival Electric Daisy Carnival was worth more than $136 million to the local economy, organizers announced Thursday.

The three-day festival that took over the Las Vegas Motor Speedway in June brought some $8.9 million in tax revenue to state and local governments, according to an economic impact report commissioned by the show's producers, Insomniac Events.

The report was compiled from a survey of the more than 12,000 attendees to the show and data provided by Insomniac.

According to the author of the report, Beacon Economics, attendees spent more than $19.6 million on hotel rooms, $16.8 million on food, $10.5 million on transportation, $9.3 million on entertainment, $7.8 million on gaming and $7.2 million on retail purchases.

In a breakdown, about $5 million accounted for local attendees, $109 million accounted for attendees from out of town, and $23 million came from Insomniac.

Electric Daisy Carnival is slated to return to the Motor Speedway June 8-10, 2012.

Insomniac said early bird tickets sold out in less than 36 hours. The next ticket availability date is scheduled for Jan. 3.

Copyright FOX5 2011. All rights reserved.

Powered by WorldNow
Fox 5
Powered by WorldNow CNN
All content © 2014, KVVU Broadcasting Corporation, Las Vegas, NV and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service..