EDC already taking Las Vegas by storm
Las Vegas, NV (KTNV) -- This weekend, Las Vegas will host its second Electric Daisy Carnival (EDC). But the world's biggest electronic music dance party is already taking the town by storm.
"I decided to come early, to enjoy Las Vegas," says Tracy Beyer. "I brought a couple thousand dollars. I want to do some gambling, catch some shows, and of course hit up some of the EDC pre-parties."
Ticket sales show this year's EDC will be about 50 percent larger than last year's which infused about $136 million into our local economy. An estimated 345,000 people will be attending the three-day event.
"You think of the music, the raves, the lights and the action," Beyer describes. "There's no better place than Vegas for all that energy."
Most of the hotels on the Strip are booked solid this weekend. Room rates are priced at almost five times the average weekend rate.
But the EDC isn't the only big event drawing a huge crowd. This Saturday marks a big fight night.
Manny Pacquiao is set to take on Tim Bradley at the MGM Grand Arena. It's expected to bring a whole different group of visitors and additional source of revenue.
"Based on the number of people who purchase tickets for the fight, they spend about $10 million while they're here, and that's not including gambling," says Hetty Chang with the Las Vegas Convention and Visitors Authority.