L.A. Loses Revenue When Rave Moved to Las Vegas

This year’s big rave concert, known as the Electric Daisy Carnival, will not be held at the L.A. Coliseum. The company in charge of the event, Insomniac Inc. will have the concert in Las Vegas instead. Unwanted attention had come to raves at the Coliseum after an incident last year when a teenager died from an ecstasy overdose. The Coliseum commission lifted the subsequent suspension on having raves at the stadium in November 2010. Also it was determined that rave promoters had to come before the board 60 days prior to an event in order to get approval. Further investigations have been made into the connection between a Coliseum staffer and his employment with Insomniac Inc. He was in charge of event security planning for last years Electric Daisy Carnival and began working with Insomniac Inc. two months prior to the rave. There is also a concern for the lost revenue from the rave being moved. One official stated in the LA Times that the rave generated as much revenue as two USC football games.