HomeNewsEconomic Impact of WWE Royal Rumble 2024: A Boost for St. Petersburg

Economic Impact of WWE Royal Rumble 2024: A Boost for St. Petersburg

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Transformative Night for Local Economy and Community


Summary

– The WWE Royal Rumble event at Tropicana Field generated a $47 million economic impact.

– Local businesses and public transport saw a substantial increase in activity and revenue.

– The event also contributed $60,000 in charitable donations to local organizations.

The WWE Royal Rumble Premium Live Event, hosted on January 27th at Tropicana Field in St. Petersburg, Florida, captivated fans with high-energy matches and delivered substantial economic benefits to the local community. An analysis by Fox 13 highlighted the financial event’s contributions, which amounted to a total impact of $47,047,401. This figure includes $28,337,038 from direct spending and $2,923,664 collected in taxes.

Significant increases were noted across various local businesses:
The Imagine Museum saw a 25% rise in visitors.
Ferg’s Sports Bar experienced sales seven times higher than a typical Saturday.
Green Bench Brewing reported a 10-15% boost.

Additionally, the Sun Runner public transport service recorded a 95% increase in ridership on the event day.

Moreover, the event benefitted local charities, with $60,000 donated to organizations such as ARC Tampa Bay and the Boys & Girls Club of St. Petersburg. The Royal Rumble brought thrilling sports entertainment to its audience and supported the community and charitable sectors.

https://youtu.be/828Q9q4T-lU

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