Mayweather vs. Pacquiao Could Bring $400 Million to Las Vegas

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It might be too early to call the Floyd Mayweather Jr. vs. Manny Pacquiao fight on May 2nd the boxing match of the century, but it is shaping up to be the biggest fight in Las Vegas since Mike Tyson fought Evander Holyfield II.

The purse could be in the neighborhood of $300 million, and it will not only benefit the fighters, who are splitting the prize 60/40 in favor of Mayweather, but also Las Vegas as a whole. The potential economic impact is staggering.

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MGM Resorts owns most of the south end of the Las Vegas Strip. Image is in public domain.

Staying in Las Vegas that weekend will cost a fortune
Soon after announcing the fight,MGM Resorts(NYSE: MGM)bumped room prices at the MGM Grand for Friday, May 1st to $1,601 for a standard king room. By comparison, just one…

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