1 Day
Source:
الاقتصادية
$12.1B from US sports sector
The sports sector in Los Angeles and Orange Counties in the United States generated $12.1 billion in economic revenue last year, according to a study conducted by the Los Angeles Economic Development Corporation for the Los Angeles Sports Council. The industry supported approximately 93,000 jobs and collected $726 million in taxes at both the local and state levels, with a strong focus on professional sports that maintained a robust fan presence. Major stadiums such as SoFi Stadium, Infiniti Dome, BMO Stadium, and Dodger Stadium have become year-round economic engines, benefiting from non-sporting events like concerts and international gatherings. Among these, SoFi Stadium, which cost over $5 billion, stands out as a premier facility hosting major games and events with audiences exceeding 70,000 spectators. It also serves as a catalyst for multiple-use real estate development projects, with expectations that the region will benefit from hosting the 2027 Super Bowl and the 2028 Olympics.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)