Electric Daisy has generated more than $1 billion for the Southern Nevada economy since it came to Las Vegas in 2011, said Insomniac spokeswoman Jennifer Forkish.
“It’s been a very attractive place to produce music festivals, but this new law is extremely detrimental to our industry, one that generates hundreds of millions of dollars in revenue for local and state governments while operating on razor-thin margins in an already high-risk environment,” Forkish said in an e-mailed statement.