WWE Expecting Increase in Revenue Generated from WM29

WWE is expecting more than $62 million in direct economic impact to the New York/New Jersey area for WrestleMania 29 in 2013, which would be an increase over recent Manias. "WrestleMania has very quickly grown into a week-long celebration that generates in excess of $60 million of new direct spending for the host community," said WWE Senior Vice President of Special Events John Saboor at Thursday's WM29 press conference. "We expect by virtue of the enormity of this market and the popularity of this market that we can see an even greater result tied to WrestleMania week." The AP picked up the story, noting Saboor said last year's Mania in Atlanta generated $62 million in revenue and he believes this year's Mania in Miami will top that figure.

source: pwtorch.com