Las Vegas tourism group approves $5 million to host WWE WrestleMania 41

The Las Vegas Convention and Visitors Authority have approved $5 million in sponsorship dollars to bring in next April’s WrestleMania 41 and all that surrounds it, announced by the tourism group on Tuesday.

The annual spectacular will be held for the first time at Allegiant Stadium on Saturday, April 19th and Sunday, April 20th during Easter weekend: a typically slow time for the city which is why bringing the event in was attractive for them.

Friday’s SmackDown and the following Monday’s Raw will take place at “at an MGM Resorts venue” in addition to WWE World making their home at the Las Vegas Convention Center for five days.

Lisa Motley, vice president of sports and special events for the group, said the city expects more than 180,000 fans to occupy 144,000 “incremental room nights” during the week and weekend.

Of the $5 million, it’s unknown how much WWE will bring home in terms of a site fee vs. how much will be represented by subsidies (venue rentals, advertising and signage, etc).

During last week’s earnings call, TKO vice president Mark Shapiro said they set a WWE site fee record for this past February’s Elimination Chamber in Perth, Australia, without revealing the actual number. He previously said last December they had signed a deal worth $16 million for a combination of events in the country.

WWE’s largest site fees still come from Saudi Arabia which pays WWE $50 million per PLE.

Other reported and published site fees include $1.8 million in cash and subsidies from Puerto Rico for last year’s Backlash and SmackDown, $500,000 from St. Petersburg/Tampa for this year’s Royal Rumble, and almost $3 million from the Welsh government for September 2022’s Clash at the Castle.