March Madness brings mad money to Las Vegas - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

March Madness brings mad money to Las Vegas

LAS VEGAS (FOX5) -

One college basketball team has won a conference tournament in Las Vegas. Three more will do the same before the week is over.

March Madness brings millions of dollars to Las Vegas by way of hotel bookings, food purchases, alcohol sales and gambling. Las Vegas is the center of the basketball universe right now, and the city is cashing in.

A sold out Orleans Arena on Monday night was the stage for the tip-off of a week of basketball. Top ranked Gonzaga met Saint Mary's for the West Coast Conference championship game.

Fans poured into town from all over and said Las Vegas is the perfect city for such a tournament.

"It's been amazing. The positive experience of the people – it's just crazy," one fan said.

"It's a great place to come for a conference. It's been so much fun," another fan said.

The West Coast Conference on Monday announced it has extended its deal with the Orleans Arena to hold its conference there through 2016. They have company. The Mountain West, PAC-12 and Western Athletic conferences hold their tournaments in town as well.

"When you look at the universities involved with the conferences, it's absolutely in our wheelhouse. They're all western universities. It's just a wonderful marketing opportunity for us," said Juloian Dugas with the Las Vegas Convention and Visitors Authority.

Last year the Mountain West tournament alone brought $7.6 million in nongaming revenue to our city. With four tournaments in town now, that number is likely to be three times that amount.

"There couldn't be a better choice for those conferences to come to than Las Vegas. We've got everything that they need to have a very successful tournament," Dugas said.

Add in free advertising on TV and social networking updates from rabid fans and these tournaments are a gift that keeps on giving.

"We'll be here next year. This is great," a fan proclaimed.

Gonzaga beat Saint Mary's 65-51 to all but wrap up a No. 1 seed in the NCAA tournament. As for UNLV, they will open the Mountain West tournament against Air Force on Wednesday at the Thomas & Mack Center at noon.

Copyright 2013 KVVU (KVVU Broadcasting Corporation). All rights reserved.

  • FOX19 HeadlinesMore>>

  • 'Papa! Papa!' Audio of children stokes rage over separation

    'Papa! Papa!' Audio of children stokes rage over separation

    Tuesday, June 19 2018 1:20 AM EDT2018-06-19 05:20:32 GMT
    Tuesday, June 19 2018 10:15 AM EDT2018-06-19 14:15:33 GMT
    (U.S. Customs and Border Protection's Rio Grande Valley Sector via AP). In this photo provided by U.S. Customs and Border Protection, a U.S. Border Patrol agent watches as people who've been taken into custody related to cases of illegal entry into the...(U.S. Customs and Border Protection's Rio Grande Valley Sector via AP). In this photo provided by U.S. Customs and Border Protection, a U.S. Border Patrol agent watches as people who've been taken into custody related to cases of illegal entry into the...
    An audio recording that appears to capture the heartbreaking cries of small Spanish-speaking children being processed by U.S. officials stoked the uproar over the policy of separating immigrant children from their...Full Story >
    An audio recording that appears to capture the heartbreaking cries of small Spanish-speaking children being processed by U.S. officials stoked the uproar over the policy of separating immigrant children from their parents.Full Story >
  • S. Korea: Joint US drills suspended to aid talks with North

    S. Korea: Joint US drills suspended to aid talks with North

    Tuesday, June 19 2018 1:50 AM EDT2018-06-19 05:50:33 GMT
    Tuesday, June 19 2018 10:14 AM EDT2018-06-19 14:14:10 GMT
    (AP Photo/Ahn Young-joon). A photo showing U.S. President Donald Trump and North Korean leader Kim Jong Un is displayed as a member of People's Democratic Party stands to oppose military exercises between the United States and South Korea near the U.S....(AP Photo/Ahn Young-joon). A photo showing U.S. President Donald Trump and North Korean leader Kim Jong Un is displayed as a member of People's Democratic Party stands to oppose military exercises between the United States and South Korea near the U.S....

    South Korea says a joint military exercise scheduled with the U.S. has been suspended to support ongoing talks both countries have with North Korea.

    Full Story >

    South Korea says a joint military exercise scheduled with the U.S. has been suspended to support ongoing talks both countries have with North Korea.

    Full Story >
  • Trump announces plans for Pentagon to create 'Space Force'

    Trump announces plans for Pentagon to create 'Space Force'

    Monday, June 18 2018 11:11 AM EDT2018-06-18 15:11:00 GMT
    Tuesday, June 19 2018 10:13 AM EDT2018-06-19 14:13:45 GMT
    The White House is establishing a new policy for reducing satellite clutter in space.Full Story >
    The White House is establishing a new policy for reducing satellite clutter in space.Full Story >
Powered by Frankly