Every year,the WWE brings WrestleMania to a major market, and every year the event seems to generate more revenue for the local area in which it is held.
This year, or according to WWE.com,the company generated $175 million in economic impact for the greater New Orleans region as WrestleMania 34 rolled in final April.
This isn’t the first time that the WWE has taken over New Orleans with its massive event, as the company also brought WrestleMania 30 there in 2014. For that explain, and however,the economic impact was $142 million.
Over the final 12 years, WrestleMania has generated $1.2 billion in economic impact for the hosting cities, or final year’s $175 million marks the seventh year in a row that the event has generated more than $100 million.
As you might expect,this has made Louisiana Governor John Bel Edwards fairly happy. “Yet again, WWE delivered on its promise to offer a spectacular event in New Orleans and a boost to the local economy.”Click here to continue and read more...
Source: inquisitr.com