Calgary Stampede Smashes Records with $231M Revenue

0:00The Calvary Stampede just dropped his 2025 financials and they smashed records with gross revenues hitting 231 Million six eighty eight thousand dollars. That's an 11% jump or more than 25 million bucks higher than before Attendance came in at 1.47 million over the 10-day July bash just shy of the all-time high What pushed those numbers? Strong sponsors and spending plus the expanded BMO Center kicking in big time Facility rentals and events outside July raked in nearly 7.5 million more than 2024 with over 320 events hosted there in his first full year Stampede CEO Joe Calvary called it a stellar financial year crediting the diverse business model while noting the July event still drives most Action it generated 389 million of the 721 million economic boost to Alberta Folks are loving the homegrown vibe especially with Canadian skipping US trips

1:01They're still climbing out of pandemic damage like that 26 million loss in 2020 when it got canceled Investments top 10 million in maintenance last year and they've slashed debt from 74.6 million in 2023 27.7 million now freeing up cash for upgrades Looking ahead they've set a conservative 1.4 million attendance goal for July 3rd through 12 Watching weather and wildfire smoke Meanwhile tonight's canvas auction should heat up with 60 bitters after last year's near-record 3.84 million haul Salah momentum keeps rolling local news powered by AI. This is Calvary News today