Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
LAS VEGAS (AP) — The agency tasked with promoting Las Vegas as a travel destination for 41.1 million tourists expects to spend more starting July 1.
The Las Vegas Convention and Visitors Authority board approved spending $228.1 million, 3 percent more than it did last year. On Thursday ten of the board's 14 members in attendance unanimously approved the budget that expects $294.4 million in revenue, about 4 percent more than the past year.
Funding comes primarily from taxes levied on hotel stays and gambling fees.
The agency is readying plans to expand the area's convention center to the Las Vegas Strip once it demolishes the Riviera Hotel and Casino. Any new costs for the expansion will be budgeted later once the agency is certain of its revenue after state lawmakers approve a budget.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
