Las Vegas residents weigh out pros and cons of hosting F1 Grand Prix

November 6, 2023
By

Residents have voiced both environmental and local economic concerns.

Las Vegas natives have expressed both excitement and concerns regarding the upcoming Formula 1 Grand Prix race scheduled for next month, according to a local Las Vegas Review-Journal report.

Residents said they are in favor of the potential boost in customers for local businesses. However, they pointed out that blockages and structures constructed for the race could negatively impact some businesses by keeping people out of areas they could have otherwise accessed.

Others have praised the city for its efforts to build grandstands that will give race fans optimal views of the Grand Prix. One set of stands, The Venetian Zone, has caused the property to drain the gondola canal at the front of the resort.

Some plastic screens erected on a footbridge between the Wynn and the Venetian have also already been ripped down.  

Locals have also noted the environmental cost that comes with having a good view, to the tune of cutting down trees near the Bellagio, which were removed by MGM Resorts International.

Company CEO Bill Hornebuckle took a moment at this year’s recent G2E to affirm that MGM intends to replace the trees it removed for ideal race sightlines.

He said during his keynote address, “We have additional trees that will go in pots that we are going to bring back. I promise. I’ve gotten so beat up on this on social media.”

Another issue that locals have raised concerns Harry Reid International Airport. While city dwellers have said they are eager to welcome visitors and celebrate record traveling highs, Las Vegas locals said the increase in airport activity could potentially make it more difficult for residents to get around.

This year’s Formula 1 Grand Prix will run from November 16 to November 18. The 3.8-mile circuit will span throughout sections of Las Vegas Boulevard and Koval Lane, as well as through Sands and Harmon avenues.

State-by-State

Company Spotlight

Bragg Gaming

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
Virtual Showroom

Supplier

Land-Based

Supplier

Supplier

Industry Awards

Supplier

Supplier

Supplier

Supplier

Supplier

GA Newsletter

Exclusive news, analysis, insights, and interviews delivered straight to your inbox

Dr Anthony Lucas - Casinos over-using free play, research showing its limited impact

Dr Anthony Lucas, Professor at the University of Nevada, Las Vegas, speaks to Tim Poole on the Huddle about the paper he released this year on the limitations of free play within land-based casinos. He does, however, understand why gaming executives may not jump to embrace his ideas. We discuss:

Michael Bauer: European operators in US? How about US operators in Europe & LatAm...

Greentube's Chief Financial Officer and Chief Games Officer, Michael Bauer, joins Tim Poole on the Huddle to discuss all things Greentube and all things North America.

46-netrefer
NetRefer G2E Preview: Believing in US potential
David Buhagiar, NetRefer's Senior Manager of Marketing & Acquisitions, speaks to Gaming America about the company's first US client and its hopes for G2E.
44-Derik.Mooberry
Zitro G2E Preview: Aiming to be the leader
Gaming America speaks to Zitro USA CEO Derik Mooberry about the company's growing presence in global markets.
42-Gary.Ellis
Marker Trax and Koin G2E Preview: Finding solutions in payments
Marker Trax and Koin CEO Gary Ellis speaks on turning knowledge into action, with new offerings set to be displayed from the company at G2E 2024.
40-Kevin.Kilminster
Playtech G2E Preview: And it's live!
Kevin Kilminster, Chief Product Innovation Officer at Playtech Live, speaks to Gaming America about live casino and its rise in US prominence.

Another year approaches its end, as 2024 slowly becomes our past, 2025 the present and a wave of opportunity defines gaming's future. There is an air of change as the regulated gaming world looks to welcome a new entra...

8-10-From-the-top
From the top: Reflecting on the past and looking to the future of land-based casinos
Gaming America reviews the closures of the Mirage Hotel and Casino, as well as the Tropicana, but also keeps an eye on the future with Durango Casino and Resort GM David Horn.
36-41-Oliver-Lovat
Cover Feature: Exploring what might be next for land-based casinos
Nothing is new. Everything is new. Oliver Lovat, regular Gaming America columnist and resident Las Vegas expert, discusses what the next generation of casinos need to succeed, while also reflecting on Vegas' generational shift away from the Tropicana and Mirage.
42-43-Lefosse---Brazilian-Sports-Betting
Steadying the ship in LatAm's largest market
After regulatory limbo, sports betting in Brazil is moving towards legal certainty – by Eduardo Carvalhaes, partner in Public Law and Regulation at Lefosse, and Karen Coutinho, counsel in Public Law and Regulation at Lefosse.
44-45-Lazarus-Legal
Brazilian opportunity: The future of LatAm
Edwin Monzon, Managing Partner of Lazarus Legal, speaks to Gaming America about Brazil's upcoming iGaming and online sports betting regulation, assessing both the prospects and challenges involved.