As the Los Angeles Rams and Cincinnati Bengals meet on Feb. 13 in Los Angeles to claim the title of Super Bowl LVI champion, the sports world is already turning its eyes to Las Vegas and the new Allegiant Stadium as the city prepares for Super Bowl LVIII in 2024.
Yep, it’s official. Las Vegas is hosting Super Bowl 58 in 2024!
While palpable excitement isn’t a term generally used to describe a gathering of politicians, when NFL team owners and Las Vegas business leaders convened in December for the big announcement, the mood amongst Southern Nevada elected officials and leaders was definitely upbeat!
“It has been a remarkable time for Las Vegas,” said Steve Hill, Las Vegas Convention and Visitors Authority (LVCVA) president and CEO, said during the December NFL press announcement awarding Super Bowl 58 to Las Vegas as reported by the Las Vegas Sun. “We are bringing the greatest championship game in the world to the greatest arena on Earth, and it’s going to be spectacular.”
Allegiant Stadium, the new home of the Las Vegas Raiders officially opened in 2020 to a season without fans, eventually welcoming sell-out crowds for nearly every game during the 2021 season. Since then, a trifecta of NFL high-powered events has been awarded to the Stadium, including the NFL Pro Bowl on Feb. 6, 2022; the 2022 NFL Draft in April; and now the biggest prize of all – the 2024 Super Bowl.
Local business leaders like Uri Vaknin, a principal at KRE Capital LLC, which acquired a portfolio of Las Vegas condominiums as DK Las Vegas in 2013, including Juhl in downtown Las Vegas, is among those expressing excitement about the event and its economic impact.
“There is no city more prepared and capable of pulling off huge events than Las Vegas,” said Vaknin. “When you combine the allure of Vegas and the prestige of Allegiant Stadium with the magnetism of an NFL Super Bowl, the Big Game is destined to be an unforgettable and uniquely Vegas experience. This could well be the biggest Super Bowl ever held with an economic impact never seen before. The Super Bowl is exactly the type of event that we all envisioned when Allegiant Stadium was first proposed.”
Super Bowl 58 is expected to generate more than a half-billion dollars in economic impact, an estimate that Jeremy Aguero, chief operations and analytics officer for the Las Vegas Raiders, shared with KSNV-TV. “I think this will be the biggest event to ever be held in Las Vegas, and that’s something to say.”
According to LVCVA projections per the Las Vegas Review Journal, Super Bowl 58 and week-long events leading up to the game will drive more than $571.9 million into the Las Vegas economy, add 4,597 full- and part-time jobs, and bring an additional $70 million in state and local tax revenue.
Planning for Super Bowl 58 has already begun. Recently, LVCVA’s Hill announced that the nonprofit organizing committee – Las Vegas Super Bowl Committee LLC – had hired Sam Joffray, who has served as senior vice president of the Greater New Orleans Sports Foundation since 2000. According to media reports, the committee is expected to spend $60 million for game preparations.
“The Raiders are thrilled the National Football League has selected Las Vegas to host Super Bowl 58 in February 2024,” said Las Vegas Raider’s owner Mark Davis during the December press event. “I’m excited as all hell for the Raider organization, Raider Nation, Las Vegas and the state of Nevada as a whole.”