Economic impact of the Stock Show to the city of Denver???

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RSC

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You hear it in sports with Bowlgames, Superbowls & final Fours, the ecomomic impact of those events to the host city.  Has there ever been a study as to the $$$ the Stockshow impacts Denver?  Just curious, after reeding all the threads on where to eat and stay when in Denver, it made me wonder.  Anyone ever seen any studies done?

Can't wait till next week.

RSC
 

Jill

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I am sure they have done studies, I know the American Royal has dollar figures for the impact of the Royal on Kansas City.
 

RSC

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Jill said:
I am sure they have done studies, I know the American Royal has dollar figures for the impact of the Royal on Kansas City.
A google search on the subject takes me to the National Western site, I guess I could have checked their.

Heres some $$$ figures from a sponsor, Coors.

As a longtime sponsor of the National Western Stock Show, the Coors Brewing Company recognizes the importance of local activities that strengthen our community. Over the years, the Coors
Brewing Company and the National Western have developed a partnership that serves that goal.

From the Coors Western Art Exhibit and Sale to the Coors Draft Horse and Mule Show to the National Western Rodeo and many other events, the National Western Stock Show brings family
entertainment and agricultural education to Metro Denver and Colorado each year. The Stock Show also attracts 640,000 visitors annually, creating an economic impact of nearly $80 million for
the surrounding area.

As a member of the National Western's Executive Committee and Board of Directors, I know first-hand that our sponsorship dollars not only support youth and education, but they also assist an event
dedicated to making Denver and Colorado better communities in which to live.

Sincerely,
Pete Coors

 

AAOK

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I can only speak from my area of the world, and the standard of living,( IE: the costs of everything) is much higher in Denver than in Oklahoma.  Our Chambers of Commerce estimate the economic impact of visitors at $200 per person, per day.  Inflate that figure for Denver, and calculate the extra people in town for the NWSS.  My calculated guess is $23,000,000 (my gut tells me I'm way low)
 

frostback

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Looking west does cost a lot I can tell you that. The mountains are beautiful but very costly.
 

red

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I know the amount of $'s brought into Columbus, Ohio from the Quarter Horse Congress is some of the most for that city. Am sure that the Stock Show is equal to that!

Red
 

garybob

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So......that's WHY my state (AR) and the one to our North (MO, where Arkies play Powerball) pays more attention to visitors abnd newcomers than us "locals".

Hmmmmmm. Very Interesting.

GB
 

knabe

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powerball is a tax on the poor to redistrbute wealth back to the poor with a hefty management fee taken out for no real work.  essentially a black market (tax revenue drain) on neighboring states.
 

garybob

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knabe said:
powerball is a tax on the poor to redistrbute wealth back to the poor with a hefty management fee taken out for no real work.  essentially a black market (tax revenue drain) on neighboring states.
I'll say that the only local person to win "big" (She won 100K on a 'scratcher') wasn't poor.Trust me, she diodn't need the money. In fact, lots of people that I  know who have larger than average incomes (and homes )play MORE often( and blow 25-bucks a trip to ''the line'') than Lower-income people who only pay a couple bucks per month.

GB
 

knabe

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garybob said:
knabe said:
powerball is a tax on the poor to redistrbute wealth back to the poor with a hefty management fee taken out for no real work.  essentially a black market (tax revenue drain) on neighboring states.
I'll say that the only local person to win "big" (She won 100K on a 'scratcher') wasn't poor.Trust me, she diodn't need the money. In fact, lots of people that I  know who have larger than average incomes (and homes )play MORE often( and blow 25-bucks a trip to ''the line'') than Lower-income people who only pay a couple bucks per month.

GB

this extrapolation is why you take a diverse cross section of the population, rather than ancecdotal evidence to get at the facts.  i'm not poor, don't know any poor people, and i can think of only one time anyone ever participated in the lottery in CA, and it was a christmas present for fun.

the evidence shows otherwise that lotteries are a good thing.  it feeeeeeeeeeels good to "educate" people into thinking they have a chance and they DON'T.  i veiw the housing bubble pretty much the same way.  the government said it was illegal for banks to not give loans to people who couldn't afford houses.  then when people defaulted, the taxpayer is bailing them out.  government should stay out of commerce, which hillary's new 5 point plan today calls for government internvention through subsidies, rather than incentivising business through less regulation and taxation.  i can't understand what school of economics she comes from.  she supposedly claimed she is named after sir edmond hillary.  problem was , she was five years old when he climbed mount everest and NO ONE knew who he was before that.  she hasn't changed a bit in all these years.  delusion is so much happier than reality.


http://www.family.org/socialissues/A000000620.cfm
http://www.taxfoundation.org/news/show/1126.html
http://www.mises.org/article.aspx?Id=249&month=9
http://www.common-sense.org/?fnoc=/common_sense_says/01_january

it's amazing how facts can get in the way, but we just go ahead and ignore them.
 

JbarL

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the revenue from 1 nascar race a year in new hampshire...is the single most ecnomic event in revenue for A YEAR  for the whole state of new hampshire......matching all other revenue combined....in just 1 weekend......the show in denver has to be a hugh revenue generator.....but pales  in comparrasion to skiing, and winter recreation ...dollars
 
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