Las Vegas’ tourism arm approved the spending over $7 million to go toward hosting WrestleMania next year and buying tickets to this year’s Formula One Las Vegas Grand Prix .

The spending included $6 million for a sponsorship agreement with WWE to host next year’s WrestleMania and $1.25 million to buy tickets to next week’s Las Vegas Grand Prix.

WrestleMania 42 will take place April 18-19 at Allegiant Stadium, marking the second time since 1989 that the same city hosted WWE’s marquee event in back-to-back years. The LVCVA spent $5 million to sponsor WrestleMania 41 at Allegiant Stadium earlier this year. The two-day event generated over 140,000 incremental room nights in Las Vegas and generated an over $200 million economic gain, according to the LVCVA.

“WrestleMania was such a exception

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