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Blog: Collocation of Capital

The Las Vegas Convention Center encompasses 12 cubic city blocks. A $1B expansion budget has been approved to double its' size to 4 million square feet. The L.V.C.C. hosts at least 8 shows in January alone with an attendance ranging from 10,000 to over 100,000 each. (...according to ABC News)

Trade Shows and cable TV production are converging. TLC Networks' show "Overhaulin" of a '67 Charger was taped at the SEMA Convention at L.V.C.C.. SEMA is a convergence of 3 large auto parts industry events held at the same time in a process called collocation. Another multiple event is the beauty-themed "Vegas Vanity Week". The combined Jewelry, Hair & Nail, and Cosmetics & Spa events draw an attendance of 85,000.

The largest multiple co-branded event of the year in Las Vegas is the Consumer Electronics Show, Home Entertainment Show, and Adult Video Entertainment Expo. All hosted in January; the combined show's attendance surrounding the Strip is 190,000.

Las Vegas is the only US city with 3 convention centers consisting of over 1M square feet each. It is the top trade show host for the last 12 consecutive years and has generated $7.6B in non-gaming revenue. (...according to Tradeshow Week Magazine)

Convention revenues for Harrah's Entertainment represents $300,000,000. In 10/06 Harrah's received the largest ever LBO offer for a gaming company. 2 equity firms have offered over $90 a share.

Nationwide, there are 119 Finance/Investment related trade shows consisting of 16,000 exhibitors. (...according to Tradeshow Week Magazine/USA Today) The Money Show, the Financial Advisors Symposium, Bank Administration Institute, National Investment Banking Association, California Mortgage Bankers Association, Precious Metals, the Strategic Equity Group, and the Futures Trading Summit are a few Las Vegas 2006 shows.




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