Las Vegas is known to have lost approximately $166 million over the past severl months in revenue due to the cancelled conferences. The Las Vegas Convention and Visitors Authority has announced that even more jobs are endanger in the region because of that. It is natural that not only the convention centers lose money, but the hotels lose bookings and the casinos lose in gambling revenues.
The LVCVA has nothing to do but to organize a promotion of conference travel to Las Vegas. If nothing is going to change in the upcoming months there, there will be layoffs.