Las Vegas: Transformation and Challenges

By what percentage did real estate prices in Las Vegas increase since pre-pandemic levels?

• 30%

• 20%

• 50%

• 40%

What is the primary challenge facing Las Vegas due to its location in the desert?

• Sandstorms

• Water scarcity

• Extreme heat

• Wildlife

What was the primary reason for Las Vegas's transformation from a mining town?

• Real estate development

• Tourism

• Technology boom

• Legalization of gambling

What year did Las Vegas host a Formula One race that significantly boosted the local economy?

• 2022

• 2023

• 2024

• 2025

Which sports team's arrival in Las Vegas saw the biggest return on investment?

• None of the above

• The Golden Knights

• The Raiders

• The Las Vegas Aces

What was the economic impact of sporting events on Las Vegas in 2022?

• $2.0 billion

• $1.2 billion

• $1.5 billion

• $1.8 billion

Which event in 2024 is expected to draw 330,000 people and bring in $700 million to Las Vegas?

• World Cup

• Olympic Games

• Super Bowl 58

• NBA Finals

What is the expected impact of hosting Super Bowl 58 on Las Vegas?

• Decrease in traffic congestion

• Increase in local employment

• Decline in hotel prices

• Boost in tourism

What is a significant factor attracting businesses to relocate to Las Vegas?

• Proximity to the ocean

• Cold climate

• Lack of state income tax

• High taxes

What percentage of Nevada's land is federally owned?

• 70%

• 90%

• 80%

• 60%