The world of Formula 1 racing is set to make a significant impact on the Las Vegas casino scene, with the first-ever Formula 1 race scheduled to take place in the city in 2022. The event is expected to generate significant revenue for the casinos, as well as boost tourism and create new jobs in the area.

The race, which is set to take place on a purpose-built track near the Las Vegas Strip, is expected to attract thousands of visitors from around the world. The event will feature some of the biggest names in Formula 1 racing, including Lewis Hamilton, Sebastian Vettel, and Max Verstappen.

The race is being organized by the Formula One Group, which is owned by Liberty Media Corporation. The group has been working closely with the city of Las Vegas and local businesses to ensure that the event is a success.

One of the biggest beneficiaries of the race is expected to be the Las Vegas casinos. The casinos are expected to see a significant increase in revenue during the race weekend, as visitors flock to the city to watch the race and enjoy all that Las Vegas has to offer.

In addition to the revenue generated by the casinos, the race is also expected to boost tourism in the area. Many visitors are expected to stay in hotels and resorts near the race track, which will create new jobs and opportunities for local businesses.

The race is also expected to have a positive impact on the local economy. According to a study by the Las Vegas Convention and Visitors Authority, the event is expected to generate over $200 million in economic impact for the city.

The Formula One Group has been working closely with local businesses to ensure that the event is a success. The group has already secured sponsorship deals with several major companies, including Coca-Cola, Heineken, and Rolex.

Overall, the first Formula 1 race in Las Vegas is expected to be a major success for both the city and the Formula One Group. The event is set to generate significant revenue for the casinos, boost tourism, and create new jobs in the area. With the support of local businesses and the Formula One Group, the race is sure to be a highlight of the Las Vegas calendar for years to come.