Posted by Webmaster on December 5, 2008 under LVCVA, News
The Nevada Policy Research Institute Thursday turned up the heat on the public agency charged with promoting Las Vegas, alleging the agency has a culture of lax oversight, overly cozy relationships with contractors and spends tax dollars on luxuries such as fine food and wine for officials. NPRI bundled its allegations with thousands of pages of public documents from the Las Vegas Convention and Visitors Authority, the agency it accuses of playing fast and loose with the taxpayers’ money.
Here’s the scoop from the Las Vegas Review Journal.
Posted by Webmaster on December 4, 2008 under LVCVA
Thanks to Rossi Ralenkotter’s generosity with funds from the Las Vegas Convention and Visitors Authority, the National Jewish Medical and Research Center sold a $25,000 sponsorship to its banquet held May 10 at the Four Seasons Hotel in Las Vegas — to Nevada taxpayers!
Posted by Webmaster on November 10, 2008 under LVCVA, Room Tax
The Las Vegas Convention and Visitor’s Authority is building a huge expansion but it is primarily cosmetic improvements.
Here is it’s online brochure. At the bottom of page 9, LVCVA reveals that the project will increase meeting space by 86,810 sq. feet. Dividing this into the $890-million project cost yields just over $10,000 per square foot. The cost is so high because of the non-productive expenditure’s built in.
The Las Vegas Convention and Visitor’s Authority has two missions: the first is to advertise Las Vegas to the world to convince them to vacation and hold conventions in Las Vegas, and the second is to operate the Las Vegas Convention Center. It does this with the lion’s share of room taxes. Because room rates skyrocketed for the ten years ending in 2006, LVCVA’s revenue also skyrocketed. On the convention center expansion, it seems to have gone to their heads.
