This Week’s SBJ: Intuit Dome’s Halo Effect
Attendance Is Up Across the Board
The Intuit Dome, the new home of the Los Angeles Kings, has been a major success for the team and the city. Since opening last October, the arena has hosted over 50 events and has been credited with helping to boost attendance across the board for Los Angeles sports teams. The most notable increase has been for the Kings, who are averaging over 18,000 fans per game, up from 16,000 last season. The increase in attendance has also led to a significant increase in revenue for the team.
In addition to the Kings, other Los Angeles sports teams have also seen an increase in attendance since the Intuit Dome opened. The Lakers are averaging over 19,000 fans per game, up from 18,000 last season, and the Dodgers are averaging over 45,000 fans per game, up from 42,000 last season.
Increased Revenue
The increased attendance has also led to a significant increase in revenue for the Kings. The team is on pace to generate over $100 million in revenue this season, up from $80 million last season. The increase in revenue is due to a number of factors, including increased ticket sales, concessions sales, and merchandise sales.
Community Impact
The Intuit Dome has also had a positive impact on the community. The arena has created over 2,000 jobs and has generated over $100 million in economic activity in the area. The arena has also been a catalyst for development in the area, with new restaurants, bars, and shops opening up around the arena.
Conclusion
The success of the Intuit Dome is a testament to the power of sports to bring people together and to create a positive impact on the community. The arena has been a major success for the Kings, the city of Los Angeles, and the community as a whole.